Heavy Commercial
PR Newswire
DAYTONA BEACH, Fla., June 9, 2017
DAYTONA BEACH, Fla., June 9, 2017 /PRNewswire/ -- TopBuild
Corp. (NYSE: BLD) the leading purchaser, installer and distributor of insulation products to the U.S. construction
industry, has acquired Canyon Insulation, a heavy commercial insulation and firestopping company headquartered in Corona, California with branches in San Diego and Livermore. For the
twelve months ended December 31, 2016, Canyon Insulation generated approximately $28 million in annual revenue.
Jerry Volas, Chief Executive Officer of TopBuild stated, "Canyon Insulation is an
outstanding acquisition for TopBuild. It broadens our heavy commercial footprint and expands our West Coast market share.
Canyon was founded in 2005 by Ken Sirls, a 30-year industry veteran, and has experienced strong
growth. The company has a solid team of experienced installers and strong relationships with key general contractors in the
region. Ken will continue to lead Canyon Insulation as part of TruTeam's management."
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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SOURCE TopBuild Corp.