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New Deal


Announced

TopBuild to acquire American Building Systems.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Private

Acquisition

Friendly

United States

insulation services

Household Equipment and Products

home furnishings

Single Bidder

Pending

Majority

Synopsis

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TopBuild, an installer and distributor of insulation products, agreed to acquire American Building Systems, a provider of insulation services allowing its clients to save energy and lower heating and cooling costs. Financial terms were not disclosed. “This is a great opportunity for TopBuild to enhance its presence in many high growth markets. ABS will bring a strong customer base, experienced sales force and 500 highly trained installers to our operations. Wayne Sullivan, ABS’ current owner, has done a great job building the business and developing a talented team. This will be a great addition to our TopBuild family of companies," Robert Buck, TopBuild President and CEO.

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