Market Overview

Installed Building Products Announces the Acquisition of Trademark Roofing and Gutters

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– Expands Presence in Compelling Raleigh, North Carolina Market

– Acquisition Adds Approximately $9.0 Million of Trailing
Twelve-Month Revenue

Installed Building Products, Inc. (the "Company" or "IBP") (NYSE:IBP),
an industry-leading installer of insulation and complementary building
products, announced today the acquisition of Trademark Roofing and
Gutters ("Trademark"). Founded in 1996, Trademark has two locations in
the Raleigh, North Carolina market. Trademark provides roofing and
gutter installation services primarily to the new residential
construction market and has annual revenue of approximately $9.0 million.

"We are extremely excited to announce our first acquisition in the
roofing installation end market. This is part of our longstanding
strategy to add complementary installation services that expands our end
markets and deepens our relationship with builders. Raleigh is a great
market for IBP to expand into roofing, as we now offer local builders
installation services including insulation, blinds, garage doors,
gutters and roofing. So far this year we have closed eight acquisitions
representing approximately $52.0 million of acquired revenues.
Acquisitions remain a key component of our growth plan and we continue
to have a robust pipeline of acquisition opportunities across multiple
geographies, products and end markets."

About Installed Building Products

Installed Building Products, Inc. is one of the nation's largest
insulation installers for the residential new construction market and is
also a diversified installer of complementary building products,
including waterproofing, fire-stopping and fireproofing, garage doors,
rain gutters, shower doors, closet shelving and mirrors, throughout the
United States. The Company manages all aspects of the installation
process for its customers, including direct purchases of materials from
national manufacturers, supply of materials to job sites and quality
installation. The Company offers its portfolio of services for new and
existing single-family and multi-family residential and commercial
building projects from its national network of branch locations.

Forward-Looking Statements

This press release contains forward-looking statements within the
meaning of the federal securities laws, including with respect to our
financial and business model, the demand for our services and product
offerings, expansion of our national footprint and end markets,
diversification of our products, our ability to capitalize on the new
home and commercial construction recovery, our ability to strengthen our
market position, our ability to pursue and integrate value-enhancing
acquisitions, our ability to improve sales and profitability, and
expectations for demand for our services and our earnings in 2018.
Forward-looking statements may generally be identified by the use of
words such as "anticipate," "believe," "expect," "intends," "plan," and
"will" or, in each case, their negative, or other variations or
comparable terminology. These forward-looking statements include all
matters that are not historical facts. By their nature, forward-looking
statements involve risks and uncertainties because they relate to events
and depend on circumstances that may or may not occur in the future. Any
forward-looking statements that we make herein and in any future reports
and statements are not guarantees of future performance, and actual
results may differ materially from those expressed in or suggested by
such forward-looking statements as a result of various factors,
including, without limitation, the factors discussed in the "Risk
Factors" section of the Company's Annual Report on Form 10-K for the
year ended December 31, 2017, as the same may be updated from time to
time in our subsequent filings with the Securities and Exchange
Commission. Any forward-looking statement made by the Company in this
press release speaks only as of the date hereof. New risks and
uncertainties arise from time to time, and it is impossible for the
Company to predict these events or how they may affect it. The Company
has no obligation, and does not intend, to update any forward-looking
statements after the date hereof, except as required by federal
securities laws.

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