USI Acquires IDS Specialty Building Products
ST. PAUL, MN — United Subcontractors Inc., a leading national construction services provider of installed insulation and related services to builders, contractors and homeowners, announces the acquisition of Image Design Solutions, LLC dba IDS Specialty Building Products (IDS), a Savannah, Georgia, market based full line insulation and specialty services contractor. IDS' service offering includes installed insulation, garage doors, shower enclosures, closet shelving, mirrors, and other specialty items to the residential and commercial new construction markets, as well as to the existing homeowners and remodelers throughout South Carolina and Georgia. With additional locations in the Augusta, Georgia, and Charleston, South Carolina, markets, the transaction provides USI with an enhanced operational footprint in the rapidly-growing Southeastern region of the United States. For the 12 months ended June 30, 2016, IDS' net revenue exceeded $11 million.
"We are excited to partner with Chris Mahaffey, IDS founder, as well as his entire team in growing USI's presence further in the Southeast," said Bill Varner, President and CEO of USI. "USI's expansion into Georgia and South Carolina confirms our commitment to expand in strategically important markets by selectively targeting businesses with a strong local presence, a strong management team and an outstanding ability to meet customer's needs. We look forward to adding IDS to our industry-leading operating platform."