TopBuild Acquires Viking Insulation
16 July 2019 - 6:15AM
TopBuild Corp. (NYSE:BLD), a
leading installer and distributor of insulation and building
material products to the U.S. construction industry, has acquired
Viking Insulation, an insulation installation company, based in
Burbank, California. For the trailing twelve months ended
March 31, 2019, Viking generated approximately $9.0 million in
revenue.
Jerry Volas, Chief Executive Officer of TopBuild
stated, “Viking Insulation is an outstanding addition to TruTeam,
strengthening our position in Southern California. The
company was founded in 1974 and focuses on fiberglass installation
in a wide variety of light commercial and residential
projects. We are also pleased that Casey Kranz, the President
of Viking, will join TruTeam and continue to manage and grow the
business.”
About TopBuildTopBuild Corp.,
headquartered in Daytona Beach, Florida, is a leading installer and
distributor of insulation and building material products to the
U.S. construction industry. We provide insulation and building
material services nationwide through TruTeam®, which has over 200
branches, and through Service Partners® which distributes
insulation and building material products from over 75
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
ContactTabitha
Zanetabitha.zane@topbuild.com386-763-8801
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