TopBuild Expands Capabilities with Metro Supply Acquisition, Adding $35 Million in Revenue

DAYTONA BEACH, Fla., Nov. 20, 2024 – TopBuild Corp. (NYSE:BLD), a leading installer and specialty distributor of insulation and building material products across the United States and Canada, has announced an agreement to acquire Metro Supply Company, a prominent mechanical insulation distributor with a strong presence in the commercial and industrial sectors. Metro Supply generates approximately $35 million in annual revenue and operates two branches serving the New York/New Jersey and Baltimore/Washington metropolitan areas. The transaction is anticipated to be completed in the fourth quarter.

“We are pleased to further extend our ability to serve commercial and industrial customers through the acquisition of Metro Supply. Like TopBuild, Metro Supply differentiates itself by offering customers the highest quality products and exceptional service. As we continue to evaluate acquisition opportunities, we remain focused and disciplined around our core competencies, driving future growth opportunities and increasing shareholder returns,” said Robert Buck, President and CEO of TopBuild.

Charlie Lisa Jr., President of Metro Supply Company, commented, “We believe our mechanical insulation distribution business can strengthen TopBuild’s Specialty Distribution offerings. The acquisition represents an opportunity for us to continue growing our mechanical and acoustical insulation portfolio, while staying committed to our local operations and outstanding service for customers.”

About TopBuild

TopBuild Corp., based in Daytona Beach, Florida, is a leading installer and specialty distributor of insulation and related building material products to the construction industry in the United States and Canada. The company provides nationwide insulation installation services through its Installation segment, with approximately 240 branches across the U.S. It also distributes mechanical and building insulation, insulation accessories, and other construction materials through its Specialty Distribution business, which operates roughly 170 branches. To learn more about TopBuild, visit www.topbuild.com.

About Metro Supply Company

Metro Supply Company is a well-established distributor of mechanical insulation products serving the commercial and industrial markets in the New York/New Jersey and Baltimore/Washington metropolitan areas. The company prides itself on delivering exceptional customer service and offering high-quality products from leading manufacturers.

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