August 21, 2018
Posted August 21, 2018 - Denver, CO
W.G. Nielsen & Co., a leading investment banking firm headquartered in Denver, announced today that it acted as financial advisor to Cutting Edge Glass, Inc. in its sale to Installed Building Products (NYSE: IBP).
Founded in 1999, Cutting Edge Glass has one location in Denver, Colorado. Cutting Edge Glass specializes in providing glass and glazing systems primarily to the commercial construction market. “Over the past 19 years we have built an exceptional team, that I am confident will be in great hands with IBP. W.G. Nielsen & Co was a terrific partner in getting this transaction done,” said Dale Holtorf of Cutting Edge Glass. “Thanks to the strengths of the Company that Dale built, there was strong market interest in Cutting Edge Glass and we are excited for the outcome with IBP. It will be great to see where IBP can take the company,” indicated Blake Nielsen at W.G. Nielsen & Co.
We are excited to expand our presence in Denver, which represents one of the nation’s strongest commercial real estate markets,” stated Jeff Edwards, Chairman and Chief Executive Officer of Installed Building Products (NYSE: IBP). "Cutting Edge further diversifies our sales mix into commercial glass and glazing systems. 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 is the nation's second largest insulation installer serving the residential new construction market and a leading installer of garage doors, rain gutters, closet shelving, shower doors, mirrors, fireplaces and bath and door hardware.
About W.G. Nielsen & Co.
W.G. Nielsen & Co. is one of the Rocky Mountain region’s premier FINRA-registered investment banking firms, specializing in mergers and acquisitions and innovative capital solutions. Founded in 1996, Denver-based W.G. Nielsen & Co. is the oldest independently owned investment banking firm in the region. The firm differentiates itself with a staff of senior investment bankers who have broad experience and important relationships in their areas of expertise. The firm’s bankers have collectively closed hundreds of transactions throughout the United States and internationally.