TopBuild to Acquire Metro Supply Company

Core Viewpoint - TopBuild Corp. has announced the acquisition of Metro Supply Company, a mechanical insulation distributor, which is expected to enhance its commercial and industrial offerings and leverage Metro Supply's strong customer relationships, with the acquisition valued at approximately $35 million in annual revenue [1][2]. Group 1: Company Overview - TopBuild Corp. is a leading installer and specialty distributor of insulation and building material products in the United States and Canada, operating approximately 240 branches for installation services and around 170 branches for specialty distribution [3]. - Metro Supply Company is recognized as a leading distributor of mechanical insulation in the New York/New Jersey and Baltimore/Washington metropolitan areas, known for its exceptional customer service and high-quality products [4]. Group 2: Acquisition Details - The acquisition of Metro Supply is anticipated to close in the fourth quarter and is expected to strengthen TopBuild's Specialty Distribution offerings, particularly in mechanical and acoustical insulation [1][2]. - The acquisition aligns with TopBuild's strategy to focus on core competencies and drive future growth opportunities while increasing shareholder returns [2].