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Synopsis
TopBuild, an installer and distributor of insulation and building material products in the United States, completed the acquisition of LCR Contractors, a fireproofing and insulation company serving the Texas markets. Financial terms were not disclosed. "We are pleased to welcome LCR to our team including their almost 300-person installer base. This company is an excellent addition to TopBuild, enhancing our residential and heavy commercial presence and product offerings in the high growth states of Texas and Tennessee. LCR has strong relationships with general contractors and has worked on many major projects. Clay Spicer and his father Buddy, LCR’s current owners, will remain with our Company to focus on the continued growth of our business in this region," Robert Buck, TopBuild President and CEO.
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