Mergers & Acquisitions
By The Online Investor Staff, updated Sun., Jan. 29, 6:11 PM
| This Slide: #5 of 100 |
Slide #5. TopBuild Corp. — SRI Holdings, LLC
Acquirer:
TopBuild Corp. (NYSE:BLD)
Acquiree:
SRI Holdings, LLC
Details:
TopBuild Corp.(NYSE:BLD), a leading installer and specialty distributor of insulation and related building material products to the construction industry in the United States and Canada, has acquired the assets of the residential insulation business of SRI Holdings, LLC. Through this acquisition TopBuild enhances its presence in Georgia, Michigan, Ohio, Florida, Alabama and South Carolina. SRI was founded in 2012 and generated approximately $62 million in revenue for the twelve months ended November 30, 2022.
TopBuild is an installer and distributor of insulation and other building material products to the construction industry. Co.'s segments are: Installation and Specialty Distribution. Through its Installation segment, Co. provides insulation installation services nationwide through its contractor services business. In addition, Co. installs other building products including glass and windows, rain gutters, afterpaint products, fireproofing, garage doors, and fireplaces. Through its Specialty Distribution segment, Co. distributes building and mechanical insulation, insulation accessories and other building product materials for the residential, commercial, and industrial end markets.
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