TopBuild Expands with Acquisition of Metro Supply Company

authorIntellectia.AI2024-11-21
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BLD.N
Illustration by Intellectia.AI

TopBuild Corp., a prominent installer and distributor of insulation and building materials, has announced its acquisition of Metro Supply Company, a key player in the commercial and industrial mechanical insulation market. The acquisition aims to bolster TopBuild’s offerings in the commercial and industrial sectors by leveraging Metro Supply's established customer relationships and market presence. Metro Supply, which generates approximately $35 million in annual revenue, operates in the New York/New Jersey and Baltimore/Washington areas and is known for its high-quality products and customer service.

The transaction is anticipated to conclude in the fourth quarter of 2024. Robert Buck, President and CEO of TopBuild, expressed satisfaction with the acquisition, highlighting the strategic fit and the potential for enhanced customer service and product offerings. Charlie Lisa Jr., President of Metro Supply, echoed this sentiment, noting the opportunity for growth in mechanical and acoustical insulation portfolios while maintaining strong local operations.

TopBuild Corp., headquartered in Daytona Beach, Florida, operates through its Installation and Specialty Distribution segments, serving the residential, commercial, and industrial markets across the United States and Canada. Metro Supply Company is recognized for its exceptional service and product quality, serving major metropolitan areas with a focus on mechanical insulation.

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