BLD - TopBuild Acquires Texas Insulation from Energy One America | Benzinga
DAYTONA BEACH, Fla., June 03, 2024 (GLOBE NEWSWIRE) -- 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, announced today that it has acquired Texas Insulation, which generates approximately $39 million in annual revenue. Texas Insulation operates out of three locations in Dallas, Houston, and Austin and serves customers in the residential and light commercial end markets. The company installs primarily spray foam as well as fiberglass insulation.
Robert Buck, President and CEO of TopBuild, said, "Texas Insulation expands our spray foam capabilities in an important and growing geography, and further demonstrates our opportunities around making acquisitions in our core area of insulation. We are excited to welcome the Texas Insulation team and look forward to ...