TopBuild Announces Specialty Distribution and Installation Services Acquisitions

Rhea-AI Summary

TopBuild (NYSE:BLD) announced four acquisitions and an agreement to acquire a fifth business on Nov 3, 2025, adding about $53 million of combined annual revenue.

The company completed purchases of Insulation Fabrics (~$6.1M revenue, Alpharetta GA), Diamond Door Products (~$30.4M revenue, Hempstead TX; locations in Albany GA and Elkhart IN), and Performance Insulation Fabricators (~$8.9M revenue, Nashville TN). TopBuild also agreed to acquire L&L Insulation (~$7.2M revenue, Fort Collins CO) with the transaction expected to close in November 2025.

Management said the deals expand specialty distribution product offerings, add metal building door fabrication capacity, and broaden installation services in the mountain states.

Positive

• Total revenue added of approximately $53 million annually
• Diamond Door adds ~$30.4M annual revenue and multiple fabrication locations
• Insulation Fabrics expands insulation accessory and contractor product offerings (~$6.1M)
• Performance Insulation Fabricators adds mechanical insulation fabrication revenue (~$8.9M)
• L&L Insulation expands Installation Services into northern Colorado and southern Wyoming (~$7.2M)

Negative

• L&L Insulation acquisition is not yet closed; expected to close in November 2025

Insights

M&A Strategist

Four acquisitions add ~$53 million in annual revenue and expand distribution and installation footprints.

TopBuild completed purchases of Insulation Fabrics ($6.1 million revenue), Diamond Door Products ($30.4 million), and Performance Insulation Fabricators ($8.9 million), and agreed to buy L&L Insulation ($7.2 million), which the company says together add approximately $53 million in annual revenue. These moves expand product offerings in insulation accessories, mechanical insulation fabrication, and insulated metal building components, while extending installation reach into the mountain states.

The strategic impact depends on integration execution and realized cross‑sell opportunities; the announcement contains no synergies, cost or margin details, or purchase prices. Key operational risks include integrating fabrication sites and preserving customer relationships at the acquired businesses, and the L&L Insulation deal remains subject to closing in November.

Watch for concrete integration milestones and any disclosed purchase consideration or expected margin contribution in the next reporting cycle; monitor completion of the L&L closing in November and subsequent quarterly filings for realized revenue and margin effects within Q1 2026 (or the company’s next quarter). The disclosed figures — $53 million incremental revenue and individual revenues of $6.1 million, $30.4 million, $8.9 million, and $7.2 million — are the explicit metrics to track against future performance.

Completes Acquisitions of Insulation Fabrics, Diamond Door Products and Performance Insulation Fabricators; Enters into Agreement to Acquire L&L Insulation

DAYTONA BEACH, Fla., Nov. 03, 2025 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), a leading installer of insulation and commercial roofing and a specialty distributor of insulation and related building products to the construction industry in the United States and Canada, announced four acquisitions – Insulation Fabrics, Diamond Door Products, Performance Insulation Fabricators, and L&L Insulation.

“We are excited to announce these four transactions, which together add approximately $53 million in annual revenue and strengthen our businesses. For our Specialty Distribution segment, Insulation Fabrics and Performance Insulation Fabricators expand our insulation accessory and mechanical insulation product offerings, while Diamond Door Products better enables us to meet our commercial and industrial customers’ metal building needs and bundle value added solutions for them. For our Installation Services segment, L&L Insulation expands our geographic reach in the mountain states,” said Robert Buck, President and CEO of TopBuild.

• In September, TopBuild acquired Insulation Fabrics, based in Alpharetta, Ga., a distributor of insulation netting, vacuum bags for insulation removal, and protective equipment for insulation contractors and distributors. Insulation Fabrics generates annual revenue of approximately $6.1 million.
• In October, TopBuild acquired Diamond Door Products, based in Hempstead, Texas. Diamond Door Products fabricates and assembles insulated knock-down steel door systems for commercial and industrial metal buildings.   Diamond Door Products generates annual revenue of approximately $30.4 million and has locations in Albany, Ga. and Elkhart, Ind., in addition to its Texas headquarters.
• In October, TopBuild acquired Performance Insulation Fabricators, based in Nashville, Tenn. Performance Insulation Fabricators distributes and fabricates mechanical insulation for the commercial and industrial end markets and generates annual revenue of approximately $8.9 million.
• TopBuild has also entered into an agreement to acquire L&L Insulation, a residential fiberglass and spray foam insulation installation business based in Fort Collins, Colo., serving the northern Colorado and southern Wyoming regions. Established in 2011, L&L Insulation generates annual revenue of approximately $7.2 million. The transaction is expected to close in November.

About TopBuild
TopBuild Corp., headquartered in Daytona Beach, Florida, is a leading installer of insulation and commercial roofing and is also a specialty distributor of insulation and related building products to the construction industry in the United States and Canada. We provide insulation and commercial roofing installation services nationwide through our Installation Services segment which has over 200 branches located across the United States. We distribute building and mechanical insulation, insulation accessories and other building products for the residential, commercial, and industrial end markets through our Specialty Distribution business. Our Specialty Distribution network encompasses more than 250 branches across the United States and Canada. To learn more about TopBuild please visit our website at www.topbuild.com.

Safe Harbor Statement
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act. These forward-looking statements may address, among other things, our expected financial and operational results and the related assumptions underlying our expected results. These forward-looking statements are distinguished by use of words such as “will,” “would,” “anticipate,” “expect,” “believe,” “designed,” “plan,” or “intend,” the negative of these terms, and similar references to future periods.   These views involve risks and uncertainties that are difficult to predict and, accordingly, our actual results may differ materially from the results discussed in our forward-looking statements.  Our forward-looking statements contained herein speak only as of the date of this press release.  Factors or events that we cannot predict, including those described in the risk factors contained in our filings with the Securities and Exchange Commission, may cause our actual results to differ from those expressed in forward-looking statements.  Although TopBuild believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, the Company can give no assurance that its expectations will be achieved and it undertakes no obligation to update any forward-looking statements as a result of new information, future events, or otherwise, except as required by applicable law.

This press release was published by a CLEAR® Verified individual.

Investor Relations and Media Contact
PI Aquino
pi.aquino@topbuild.com
386-763-8801

FAQ

How much annual revenue does TopBuild (BLD) add with the Nov 3, 2025 acquisitions?

The transactions add approximately $53 million of combined annual revenue.

What companies did TopBuild acquire on Nov 3, 2025 and what are their revenues?

TopBuild completed Insulation Fabrics (~$6.1M), Diamond Door Products (~$30.4M), Performance Insulation Fabricators (~$8.9M), and agreed to acquire L&L Insulation (~$7.2M).

When will TopBuild (BLD) close the L&L Insulation acquisition?

The L&L Insulation transaction is expected to close in November 2025.

How do the acquisitions affect TopBuild's business segments?

They expand the Specialty Distribution product mix and add Installation Services footprint in the mountain states.

Where are Diamond Door Products' operations located after TopBuild's acquisition?

Diamond Door Products operates in Hempstead, TX with additional locations in Albany, GA and Elkhart, IN.