What Alpha Insulation and Waterproofing does

Alpha Insulation and Waterproofing is a commercial specialty trade contractor operating in Division 7 construction (excluding roofing), providing spray-applied fireproofing, spray foam insulation, waterproofing, commercial insulation, firestopping, restoration, expansion joints, and photoluminescent signage to general contractors, developers, property owners, and building managers. The company serves vertical end-markets including high-rise properties, medical centers and hospitals, data centers, large manufacturing facilities, entertainment venues, education campuses, business and commercial properties, and transportation terminals. Founded by Vic Verma in 1982 in San Antonio, Texas, Alpha has expanded to 14 regional offices across the Southeast and South Central United States and operates as a core subsidiary of Installed Building Products (NYSE: IBP), the second-largest insulation provider in the United States.

The company delivers its services through a direct, sales-led go-to-market model: each regional office is staffed with expert superintendents and field personnel who handle local project inquiries, estimates, and project delivery, with revenue generated on a project-by-project basis through competitive bidding on commercial construction contracts. Alpha maintains a superintendent-to-field-employee ratio of 1:10 to 1:15, a standard preserved since founding for quality assurance, and the team collectively holds over 800 years of Division 7 expertise. The business holds an extensive certification portfolio—UL Qualified Firestop Contractor, FM 4991-approved firestop contractor, ABAA-certified installers and supervisors at all locations, NFCA IFRM/SFRM Certified Contractor since 2016, OSHA 500 certified instructors, and authorized-installer relationships with more than 15 specialty product manufacturers (Hilti, STI, Sika, Tremco, Carlisle, BASF, W.R. Grace, Dow Corning, Sarnafil, Xypex, American Hydrotech, CETCO, Vandex, York Flashing, Watson Bowman). Headcount is reported at 501–1,000 employees and revenue is not publicly disclosed.

Alpha's value proposition centers on multi-disciplinary Division 7 capability that consolidates scopes typically fragmented across multiple subcontractors, reducing coordination complexity for general contractors on large commercial projects such as stadiums, hospitals, medical schools, high-rise residential, and educational campuses. Notable completed projects include Mercedes-Benz Stadium, SunTrust Park (Atlanta Braves, waterproofing subcontract in excess of $3,400,000), UT Dell Medical School (~493,000 sq ft), SkyHouse Buckhead, Baxter Plasma Protein Manufacturing Facility, Texas Memorial Stadium, Vanderbilt Engineering and Science Building, and Dallas Cowboys Stadium. The company has been recognized with ABC Excellence Awards, Judges' Choice Awards, Platinum Level STEP Awards for safety, and Air Barrier Association of America Excellence Awards, and is a member of ABC, AGC, ASA, GWCIA, ICRI, FCIA, and NFCA.

Name

Alpha Insulation and Waterproofing

Legal name

Alpha Insulation and Waterproofing

Website

https://alphaiwp.com

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Alpha Insulation and Waterproofing is a commercial Division 7 specialty contractor delivering insulation, waterproofing, firestopping, spray fireproofing, spray foam insulation, restoration, and expansion joint services to general contractors, developers, and property owners through 14 regional offices across the Southeast and South Central U.S., operating as a subsidiary of Installed Building Products (NYSE: IBP).

Ownership category

akta.pro rank

Product category

Commercial Specialty Trade Contracting (Division 7 Insulation and Waterproofing)

NAICS

Drywall and Insulation Contractors (238310), Drywall and Insulation Contractors (23831)

akta.pro primary industry

Insulation & Air/Vapor Barrier Systems (Thermal, Acoustic, WRB/AVB) (IMAFAMAD)

akta.pro secondary industry

Building Envelope & Weatherproofing (Roofing/Waterproofing/Gutters) (IMAIABAG)

Keywords

• Commercial insulation services
• Spray-applied fireproofing
• Building envelope waterproofing
• Specialty trade contracting
• Firestopping installation

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices15 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Specialty Trade Contracting Services: Revenue generated through providing commercial insulation, waterproofing, firestopping, spray fireproofing, spray foam insulation, and restoration installation services. Services are billed on a project basis through competitive bidding on construction contracts with general contractors, developers, and property owners. The company serves hundreds of clients nationwide with projects ranging from high-rise buildings to industrial facilities.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Alpha Insulation and Waterproofing is a commercial specialty trade contractor delivering Division 7 building envelope solutions, including spray-applied fireproofing, spray foam insulation, waterproofing, commercial insulation, building restoration, firestopping, expansion joint systems, and photoluminescent signage. The company self-performs installation across 14 regional offices in the Southeast and South Central United States for general contractors, developers, property owners, and building managers on commercial, industrial, and high-rise projects.

Product overview

Alpha Insulation and Waterproofing is a commercial specialty contractor offering a unified portfolio of Division 7 construction services (excluding roofing). The company provides eight core service lines—Spray-Applied Fireproofing, Spray Foam Insulation, Waterproofing Services, Commercial Insulation, Restoration Services, Firestopping, Expansion Joints, and Photoluminescent Signage. Under its insulation service, it also offers specialized sub-products including K-13 spray insulation, Rigid Board Insulation (Polyiso, XPS, EPS), and Safing Insulation. These services are delivered through 14 regional offices across the Southeast and South Central U.S., serving industries including high-rises, data centers, manufacturing, entertainment, education, medical, transportation, and commercial business properties. The company was founded in 1982 and is backed by Installed Building Products (IBP).

Differentiator

Problem solved

Functional benefit

Products and services

• Spray-Applied Fireproofing Spray-applied fireproofing systems including intumescent, cementitious, and sprayed fiber formulations that provide passive fire protection for structural steel members, offering fire-resistance ratings up to three to four hours. Sold to commercial general contractors, developers, property owners, and building managers via regional office direct sales and competitive bidding.
• Spray Foam Insulation High-performance thermal and acoustical insulation available in open-cell and closed-cell formulations, providing air sealing, moisture control, and energy efficiency for commercial and industrial buildings. Installed for commercial property owners, developers, and general contractors in the Southeast and South Central U.S.
• Waterproofing Services Complete waterproofing solutions including sheet-applied membranes, hot-applied rubberized asphalt membranes, deck coating systems, bentonite waterproofing, air and vapor barriers, caulking, sealants, water repellents, and cementitious waterproofing. Alpha is an authorized installer for American Hydrotech, Carlisle, Sarnafil, Tremco PUMA, Sika, Vandex, Xypex, and other major waterproofing manufacturers.
• Commercial Insulation Comprehensive commercial insulation services including batt/blanket, semi-rigid, rigid board, spray-applied, metal building, K-13 spray, and safing insulation for various building types and applications. Sold to commercial construction buyers in the Southeast and South Central U.S.
• Restoration Services Building restoration and structural repair services including brick/stone repair, thru-wall flashing, expansion joint systems, caulking, roofing repair, decorative coatings, parking garage coatings, structural repairs, carbon fiber reinforcement, and waterproofing. Sold to commercial property owners and facility managers for existing building repair and envelope renewal.
• Firestopping Firestopping system installation including fire caulking, sealants, fire blankets, mortars, intumescent coatings, and collars to prevent the spread of fire, smoke, and toxic gases through penetrations and joints. Alpha operates as a UL Qualified Firestop Contractor and FM 4991-approved firestop contractor, with Hilti and STI certified installers. Sold to commercial general contractors and building owners requiring code-compliant compartmentalization.
• Expansion Joints Structural and architectural expansion joint installation including split-slab decks, solid decks, plaza decks, and interior/exterior wall joints with fire-rated and watertight system options. Sold to general contractors and commercial property owners for new construction and restoration scopes.
• Photoluminescent Signage Glow-in-the-dark exit path markings and egress signage that comply with NFPA and UL standards, including adhesive rolls, placards, and aluminum strips for stairwells and exit routes. Sold to commercial building owners and general contractors requiring life-safety egress signage.
• K-13 Spray Insulation Spray-applied commercial insulation made from recycled cellulose fibers treated with fire retardants, providing thermal performance, sound absorption, and an attractive textured finish available in multiple colors, with an R-value of about 3.75 per inch. Sold to commercial property owners and general contractors.
• Rigid Board Insulation Closed-cell foam panel insulation including polyisocyanurate (Polyiso), extruded polystyrene (XPS), and expanded polystyrene (EPS) for walls, roofs, and foundations. Sold to commercial construction buyers for thermal envelope applications.
• Safing Insulation Dense mineral wool insulation installed at perimeter of floor slabs, wall headers, and curtain wall systems for fire containment and acoustic performance, rated for temperatures exceeding 2,000°F with UL and Intertek 1-, 2-, and 3-hour fire-resistance listings. Sold to commercial general contractors and building owners for code-compliance fire containment.

Quantifiable outcome

• Spray foam insulation provides 30% to 50% more energy efficiency compared to traditional insulation
• +1 more outcomes

Named customers27 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Installed Building Products (IBP)coreOthersParent company providing national strength, supply chain access, material sourcing, and group purchasing power. Alpha Insulation & Waterproofing operates as a subsidiary/backed company of IBP, the second-largest insulation provider in the country.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Western Specialty Contractors: National specialty contractor focused on masonry restoration, waterproofing, caulking/sealants, and façade repair on commercial structures. Direct overlap in restoration and waterproofing services and similar commercial GC bid-and-execute model.
• Tecta America Zero Company: Large national commercial roofing, waterproofing, and building envelope contractor serving GCs, property owners, and developers. Adjacent but partially overlapping scope in waterproofing and exterior envelope services for commercial structures.
• Service Partners: Distribution and installation arm focused on insulation, weatherproofing, and complementary building products across the U.S. Overlaps Alpha in commercial insulation contracting and shares many of the same manufacturer-customer relationships.
• Performance Contracting Group (PCI): One of the largest U.S. specialty contractors delivering insulation, firestopping, fireproofing, and drywall scopes to commercial and industrial customers. Direct competitor for many of the same tier-1 GC relationships Alpha serves.
• Chamberlin Roofing & Waterproofing: Texas-headquartered commercial roofing, waterproofing, and building envelope contractor with comparable scope (sheet-applied membranes, coatings, restoration) and similar GC-driven, project-bid commercial model.
• TopBuild: Publicly-traded (NYSE: BLD) leading installer of insulation and other building products serving residential and commercial customers across the U.S. Closest publicly-traded comparable in insulation contracting scale and customer profile.

Broad incumbents

• Installed Building Products (IBP): Parent company and largest U.S. installer of insulation products, with a broader portfolio that also includes complementary building products. Alpha operates as an IBP subsidiary; IBP provides supply chain, group purchasing, and national reach advantages described in Alpha's value proposition.
• APi Group: Publicly-traded (NYSE: APG) parent of life safety, specialty services, and industrial services businesses. Includes fire protection contractors with overlapping firestopping/fireproofing exposure and similar commercial GC-customer dynamics.
• Sika U.S. Global building chemicals manufacturer with significant waterproofing, sealing, and roofing-membrane product lines, including certified installer networks. Comparable as both a product supplier to Alpha and a competitor via trained installer programs.
• Tremco (RPM International): Building envelope solutions manufacturer (parent RPM International, NYSE: RPM) covering roofing, waterproofing, sealants, and coatings. Operates certified applicator networks and competes for waterproofing and air barrier specification on the same commercial projects Alpha bids.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCZvBbKr5e9wV3XWHsSvJJHCA

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alpha Insulation and Waterproofing