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Form 8-K · Current Report · Filed 2025-07-08

TopBuild Corp. Announces Acquisition of Progressive Roofing for $810 Million

TopBuild Corp. announced on July 8, 2025, that it has entered into a definitive agreement to acquire Progressive Roofing, a leading commercial roofing company, for $810 million in an all-cash transaction. The acquisition, expected to close in the third quarter of 2025, is intended to immediately enhance TopBuild's position in the commercial roofing services industry by expanding its offerings to general contractor customers and increasing exposure to non-cyclical and non-discretionary revenue drivers.

Filer
TopBuild Corp BLD · NYSE
Filed
Accession
0001558370-25-009123
CIK
0001633931
Signal
High impactIndustrials

Items reported

Item 8.01

Other Events

Corporate Update Major Legal Settlement
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$4.19

Next session

-1.8%

Since filing

+23.7%

Latest close

$5.18

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from BLD reporting the same item, with the next session's move:

Exhibits (1)

About TopBuild Corp

TopBuild Corp is a leading installer and distributor of insulation and building material products. Its primary function revolves around providing essential products for new residential, commercial construction, and remodeling projects. TopBuild operates through two main segments, Installation and Distribution, which offer a comprehensive range of insulation materials and other building products such as gutters and paint. The company plays a pivotal role in the construction and building materials sector, impacting various industries including housing, commercial real estate, and infrastructure development. The market significance of TopBuild Corp lies in its nationwide network that supplies materials critical to the construction industry’s energy efficiency and safety standards. By maintaining strong relationships with leading manufacturers and offering value-added services, TopBuild enhances its market reach and customer satisfaction. With strategic acquisitions and a focus on sustainability, the company strengthens its competitive edge, enabling it to adapt to market demands and regulatory changes effectively. Headquartered in Daytona Beach, Florida, TopBuild continues to contribute to the advancement of building technologies and solutions, thereby supporting the growth of sustainable building practices across the United States.

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