COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company”) (NYSE:IBP), an industry-leading installer of insulation and other complementary building products, announced today that it has acquired BDI Insulation (“BDI”) based in the Western U.S. for an aggregate purchase price of approximately $36.0 million. Funding for the acquisition is being provided by availability under the Company’s line of credit and cash on hand. BDI is primarily an installer of fiberglass insulati