DAYTONA BEACH, Fla.,
April 21, 2017 /PRNewswire/ --
TopBuild Corp. (NYSE: BLD) the leading purchaser,
installer and distributor of insulation products to the U.S.
construction industry, has acquired Superior Insulation Products,
LLC, a residential insulation company based in Seattle, Washington. For the twelve
months ended December 31, 2016,
Superior Insulation generated approximately $12 million in annual revenue.
Jerry Volas, Chief Executive
Officer of TopBuild stated, "We welcome Superior Insulation to
the TopBuild team. This acquisition will expand our footprint
in the cities of Seattle,
Tacoma and Bellevue where housing growth has been and is
expected to remain strong. The owner and founder,
Bob Olson, will join our Company and
focus on further expanding our market share 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.
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-superior-insulation-products-300443213.html
SOURCE TopBuild Corp.