Mergers & Acquisitions
By The Online Investor Staff, updated Wed., Feb. 26, 5:38 PM
| This Slide: #20 of 100 |
Slide #20. TopBuild Corp. — Cooper Glass Co, LLC
Acquirer:
TopBuild Corp. (NYSE:BLD)
Acquiree:
Cooper Glass Co, LLC
Details:
TopBuild Corp. (NYSE:BLD) the leading installer and distributor of insulation and building material products in the United States, has acquired Cooper Glass Co, LLC, a commercial glass company serving the Memphis market. Cooper was founded 28 years ago by Martin Cooper who will join TruTeam and continue to manage this business. For the twelve months ended December 31, 2019, Cooper Glass generated approximately $9 million in annual revenue.
TopBuild is an installer and distributor of insulation and other building products to the construction industry. Co.'s products and services are primarily for residential new construction, commercial construction, and residential repair/remodel activity. Co. operates in two segments: installation, which installs various insulation applications that include fiberglass batts and rolls, blown-in loose fill fiberglass, blown-in loose fill cellulose, and polyurethane spray foam; and distribution, which distributes insulation and other building products including rain gutters, fireplaces, closet shelving, and roofing materials through its Service Partners business.
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Avg. Broker Rec.
 
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