DAYTONA BEACH, Fla.,
Aug. 16, 2016 /PRNewswire/ --
TopBuild Corp. (NYSE:BLD) the leading purchaser, installer and
distributor of insulation products to the U.S. construction
industry, has acquired Valley Insulation, a residential insulation
company founded in 2008 with operating locations in Waynesboro and Dayton, Virginia. For the trailing
twelve months ended June 30, 2016,
Valley Insulation generated approximately $4.5 million in annual revenue.
Jerry Volas, Chief Executive
Officer of TopBuild stated, "Valley Insulation is a terrific
addition to TopBuild and TruTeam, our installation business.
It strengthens our market position in Central Virginia with its broad customer base
that includes custom as well as regional builders. We are
also pleased to welcome Steve Riley
and the Valley Installation team to our Company. Steve
will continue to lead Valley Insulation and focus on the continued
expansion of our business in this
region."
About TopBuild
TopBuild Corp., headquartered in
Daytona Beach, Florida, is the
leading purchaser, installer and distributor of insulation products
to the U.S. construction industry. We provide insulation services
nationwide through TruTeam®, which has over 175 branches
and our Service Partners® business distributes
insulation from over 70 branches. We leverage our national
footprint to gain economies of scale while capitalizing on our
local market presence to forge strong relationships with our
customers. To learn more about TopBuild please visit our
website at www.topbuild.com.
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Investor Relations and Media Contact
Tabitha Zane
tabitha.zane@topbuild.com
386-763-8801
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visit:http://www.prnewswire.com/news-releases/topbuild-acquires-valley-insulation-300314353.html
SOURCE TopBuild Corp.