Add-on Acquisition • Building Materials

TopBuild Acquires Tonks Insulation

On November 9, 2021, TopBuild acquired building materials company Tonks Insulation

Acquisition Context
  • This is TopBuild’s 9th transaction in the Building Materials sector.
  • This is TopBuild’s 21st transaction in the United States.
  • This is TopBuild’s 1st transaction in Utah.

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M&A Deal Summary

Date November 9, 2021
Target Tonks Insulation
Sector Building Materials
Buyer(s) TopBuild
Deal Type Add-on Acquisition

Target Company

Tonks Insulation

St. George, Utah, United States
Tonks Insulation is a premier insulation contractor that offers fiberglass and foam insulation for homes. Tonks Insulation is based in St. George, Utah.
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Buyer Overview 1

Buyer

TopBuild

Daytona Beach, Florida, United States

Category Company
Founded 2015
Sector Construction
Employees13,984
Revenue 5.3B USD (2024)
DESCRIPTION
Entrance to TopBuild's headquarters in Daytona Beach, Florida.
Entrance to TopBuild's headquarters in Daytona Beach, Florida.

TopBuild is a provider of construction and installation services for the residential and commercial building industries. TopBuild offers a comprehensive range of solutions, including insulation, waterproofing, fireproofing, and installation services for a variety of building components. TopBuild was founded in 2015 and is based in Daytona Beach, Florida.


Deal Context for Buyer #
Overall 21 of 34
Sector: Building Materials 9 of 13
Type: Add-on Acquisition 21 of 34
State: Utah 1 of 1
Country: United States 21 of 34
Year: 2021 9 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-09 Shepherds Insulation

Pueblo, Colorado, United States

Shepherds Insulation is an insulation contractor to service excellence and customer satisfaction. Shepherds Insulation is based in Pueblo, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-06 Insulating Products

Lewisville, Texas, United States

Insulating Products is a residential and light commercial insulation distribution company with facilities in Houston, San Antonio, Oklahoma City, and Wichita. Insulating Products was founded in 2003 and is headquartered in Lewisville, Texas.

Buy -