Harris Williams & Co. Advises Installed Building Products on its Financial Restructuring and Refinancing

Harris Williams & Co., premier middle market investment bank, recently advised Installed Building Products (IBP) in a series of recapitalization and refinancing transactions. Geoffrey Frankel, head of Harris Williams & Co.’s Restructuring Advisory practice, led the assignment with the assistance of Jeremy Eberlein, director in the firm’s Restructuring Advisory practice.

Harris Williams & Co. assisted IBP in negotiations with the company’s senior lenders and equity holders to facilitate a balance sheet recapitalization that included a refinancing of senior debt and the infusion of minority equity by an outside private investor. These transactions will strengthen IBP and position it to grow its business.

“Harris Williams & Co. provided creative, unbiased, and reliable advice,” said IBP Chief Executive Officer, Jeff Edwards. “Their tireless efforts and wise counsel made them a trusted advisor to IBP throughout our recapitalization process.”

Headquartered in Columbus, OH, IBP operates nationally, installing insulation products, shelving units, foundation waterproofing, gutters, fireplaces, garage doors and related products. The company also manufactures and installs shower doors and enclosures.

Harris Williams & Co. (www.harriswilliams.com), a member of The PNC Financial Services Group, Inc. (NYSE:PNC), is the premier middle market advisor with a two-decade legacy of sell side excellence serving clients worldwide. The firm is focused exclusively on the middle market, providing sell side and acquisition advisory, restructuring advisory, board advisory, private placements and capital markets advisory services.

Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd, an Appointed Representative of Sturgeon Ventures LLP, which is authorized and regulated by the FSA. Harris Williams & Co. is a trade name under which Harris Williams LLC conduct business in the U.S.

For general release inquiries, please contact marketing director, Kimberly Baker at +1 804-648-0072.

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