BLD - TopBuild to Acquire Pest Control Insulation | Benzinga
National Specialty Distributor of Customized Insulation Products
$24 Million Annual Revenue
Blue Chip Client Base
DAYTONA BEACH, Fla., Feb. 01, 2024 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), a leading installer and specialty distributor of insulation and building material products to the construction industry in the United States and Canada, has entered into an agreement to acquire the assets of Pest Control Insulation, a specialty distribution company focused on blended, customized insulation products, accessories, and equipment for sale exclusively to the pest control industry. Pest Control Insulation's national customer base includes some of the largest pest control services companies in the country. In 2023, Pest Control Insulation generated approximately $24 million of revenue. The transaction is expected to close within 30 days.
Robert Buck, President and CEO of TopBuild, noted, "Pest Control Insulation is an excellent addition to our Specialty Distribution segment. Their specialized fiberglass and custom blended cellulose products differentiate their service offering and their customer base includes ...