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TopBuild acquires Progressive Roofing for $810M

TAKEN PRIVATEJul 08, 2025

Acquiring Company

TopBuild Corp

Acquired Company

Progressive Roofing

Daytona BeachPhoenixConstructionManufacturingConstructionBuilding Material

Description

TopBuild Corp. has announced its agreement to acquire Progressive Roofing for $810 million in cash. This acquisition will enhance TopBuild's capabilities in the commercial roofing sector, providing significant growth potential in the industry. Progressive Roofing is known for its strong commercial installation services and aligns closely with TopBuild's business model. The deal is expected to be accretive to TopBuild's earnings immediately.

Quick answer

TopBuild Corp is acquiring Progressive Roofing for $810 million, announced July 8, 2025. TopBuild Corp is based in Daytona Beach, Florida, United States.

How much did TopBuild Corp pay for Progressive Roofing?
The reported deal value is $810 million.
What does TopBuild Corp do?
TopBuild Corp. is a leading installer and specialty distributor of insulation and building material products to the construction industry in the United States and Canada.
Where are TopBuild Corp and Progressive Roofing based?
TopBuild Corp is based in Daytona Beach, Florida, United States. Progressive Roofing is based in Phoenix, Arizona, United States.
Who are the decision-makers at TopBuild Corp?
Fundz holds 2 contacts at TopBuild Corp. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

TopBuild Corp

Location

475 North Williamson Boulevard

Daytona Beach, Florida, United States

About

TopBuild Corp. is a leading installer and specialty distributor of insulation and building material products to the construction industry in the United States and Canada. It provides insulation installation services nationwide through its Installation segment, with approximately 240 branches, and distributes building and mechanical insulation, insulation accessories, and other building product materials through its Specialty Distribution business, which encompasses approximately 170 branches.

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Frequently asked

Who acquired Progressive Roofing?

Progressive Roofing was acquired by TopBuild Corp, based in Daytona Beach. The deal was reported on July 8, 2025. TopBuild Corp. is a leading installer and specialty distributor of insulation and building material products to the construction industry in the United States and Canada. TopBuild Corp is privately held and operates in Construction.

When did TopBuild Corp acquire Progressive Roofing?

TopBuild Corp's acquisition of Progressive Roofing was reported on July 8, 2025. TopBuild Corp. has announced its agreement to acquire Progressive Roofing for $810 million in cash. This acquisition will enhance TopBuild's capabilities in the commercial roofing sector, providing significant growth potential in the industry. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Progressive Roofing do?

Progressive Roofing is a national roofing contractor founded in 1978. The company specializes in commercial, industrial, and institutional roofing systems. With more than 1,600 employees, it operates across the United States. It is privately held, operating in Manufacturing, and is based in Phoenix.

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