TopBuild has acquired the assets of the residential insulation business of SRI Holdings . Through this acquisition TopBuild enhances its presence in Georgia, Michigan, Ohio, Florida, Alabama and South Carolina. SRI was founded in 2012 and generated approximately $62M in revenue for the twelve months ended November 30. Robert Buck, President and CEO of TopBuild, noted, "We welcome the SRI team to TopBuild and are excited to add this high-quality company to our Installation segment. SRI has an excellent reputation in the markets in which it operates, and its focus on advancing the lives of their employees and communities fits well with TopBuild’s culture."
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on BLD: