Alpha: Atlanta's Alpha Insulation & Waterproofing bought for $92M

Atlanta-based Trilok Industries Inc., the holding company for Alpha Insulation and Waterproofing Inc., was acquired on Jan. 5 by Columbus, Ohio-based Installed Building Products Inc. (NYSE: IBP) for $92 million. Founded in 1982, Alpha's products include waterproofing, insulation, fireproofing, and fire stopping. Alpha services large, long-lead time commercial projects including office buildings, airports, sports complexes, museums, hospitals, hotels, and educational facilities. Projects it has...