Add-on Acquisition • Construction

TopBuild Acquires Billings Insulation

On February 7, 2022, TopBuild acquired construction company Billings Insulation

Acquisition Context
  • This is TopBuild’s 7th transaction in the Construction sector.
  • This is TopBuild’s 23rd transaction in the United States.
  • This is TopBuild’s 1st transaction in Montana.

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M&A Deal Summary

Date February 7, 2022
Target Billings Insulation
Sector Construction
Buyer(s) TopBuild
Deal Type Add-on Acquisition

Target Company

Billings Insulation

Billings, Montana, United States
Billings Insulation provides quality residential, commercial, and industrial insulation services and supplies. Billings Insulation is based in Billings, Montana.
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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 23 of 34
Sector: Construction 7 of 9
Type: Add-on Acquisition 23 of 34
State: Montana 1 of 1
Country: United States 23 of 34
Year: 2022 2 of 2
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-26 SRI Holdings

Atlanta, Georgia, United States

SRI Holdings is an installer of insulation, fireplaces, garage doors, gutters, and specialty building products and provides installed services in Atlanta, Georgia; Augusta, Georgia; Savannah, Georgia; Charleston, South Carolina; and Columbia, South Carolina. SRI Holdings is based in Atlanta, Georgia.

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