TopBuild acquires Specialty Products & Insulation
Client(s) TopBuild Corporation
Jones Day is advising TopBuild Corp. (NSYE: BLD) in its acquisition of Specialty Products & Insulation from private equity firm Incline Equity Partners in an all-cash transaction valued at $960 million.
TopBuild expects to finance the acquisition using a combination of debt financing and cash on hand. The transaction is subject to customary closing conditions, including expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.