---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-009123"
form_type: "8-K"
ticker: "BLD"
cik: "0001633931"
company_name: "TopBuild Corp"
filed_at: "2025-07-08T23:59:59+00:00"
generated_at: "2026-05-18T09:06:12.456571+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# TopBuild announces $810M all-cash acquisition of Progressive Roofing

## Summary
- TopBuild to acquire Progressive Roofing for $810M cash; 9.1x TTM EBITDA, 8.6x post-synergies.
- Progressive generated $438M revenue, $89M EBITDA; 70% from non-discretionary re-roofing & maintenance.
- Expected to close early Q3 2025, funded by expanded credit facility and cash; immediately accretive to adjusted EPS.
- Acquisition enables entry into $75B fragmented commercial roofing market; creates growth platform.

## SEC filing metadata
- accession: 0001558370-25-009123
- form_type: 8-K
- ticker: BLD
- cik: 0001633931
- company_name: TopBuild Corp
- filed_at: 2025-07-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1633931/000155837025009123/0001558370-25-009123-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1633931/000155837025009123/bld-20250708x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-009123
- JSON: https://secwatch.observer/filing/0001558370-25-009123.json
- Plain text: https://secwatch.observer/filing/0001558370-25-009123.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.