Installed Building Products (IBP) SC 13G/A Beneficial ownership report (amended)

Exhibit 1

Joint Filing Statement

Statement Pursuant to Rule 13d-1(k)(1)

The undersigned hereby consent and agree to file a joint statement on Schedule 13G under the Securities Exchange Act of 1934, as amended, with respect to the Class A Common Stock, Par Value $0.001 , of Installed Building Products, Inc., Inc. beneficially owned by them, together with any or all amendments thereto, when and if appropriate. The parties hereto further consent and agree to file this Statement pursuant to Rule 13d-1(k)(1)(iii) as an exhibit to Schedule 13G, thereby incorporating the same into such Schedule 13G.

Dated: February 14, 2020	Spruce House Investment Management LLC
	By:	/s/ Zachary Sternberg
	Name:	Zachary Sternberg
	Title:	Managing Member
	Spruce House Capital LLC
	By:	/s/ Zachary Sternberg
	Name:	Zachary Sternberg
	Title:	Managing Member
	The Spruce House Partnership LP
	By:	Spruce House Capital LLC
		Its general partner
	By:	/s/ Zachary Sternberg
	Name:	Zachary Sternberg
	Title:	Managing Member
	/s/ Zachary Sternberg
	Zachary Sternberg
	/s/ Benjamin Stein
	Benjamin Stein