M&A
confidence high
sentiment positive
materiality 0.75
TopBuild to acquire Best Insulation for $100M revenue; expands in high-growth regions
TopBuild Corp
- Best Insulation generated approximately $100M in revenue for trailing twelve months ending April 30, 2023.
- Acquisition expands TopBuild's presence in Texas, Arizona, Tennessee, and Florida markets.
- President Travis Lafayette will join TopBuild to lead continued growth in these regions.
- Transaction expected to close on or about July 17, 2023, within seven business days.
- Combined 2023 acquisitions total approximately $162M in annual revenues.