TopBuild Corp. (NYSE:BLD) M&A Call October 8, 2025 9:00 AM EDT
Company Participants
P.I. Aquino – Vice President of Investor Relations
Robert Buck – CEO, President & Director
Robert Kuhns – CFO & VP
Conference Call Participants
Aatish Shah – Evercore ISI Institutional Equities, Research Division
Philip Ng – Jefferies LLC, Research Division
Susan Maklari – Goldman Sachs Group, Inc., Research Division
Keith Hughes – Truist Securities, Inc., Research Division
Rafe Jadrosich – BofA Securities, Research Division
Kurt Yinger – D.A. Davidson & Co., Research Division
Collin Verron – Deutsche Bank AG, Research Division
Presentation
Operator
Greetings, and welcome to the TopBuild acquisition of Specialty Products and Insulation SPI in an all-cash transaction valued at $1 billion conference call. [Operator Instructions] As a reminder, this conference is being recorded.
I would now like to turn the conference over to your host, P.I. Aquino, Vice President, Investor Relations for TopBuild. Thank you. You may begin.
P.I. Aquino
Vice President of Investor Relations
Good morning, everyone, and thanks for joining us on such short notice. With me today are Robert Buck, our President and CEO; and Rob Kuhns, our CFO. Earlier this morning, we issued a press release announcing that we’ve completed the acquisition of Specialty Products and Insulation or SPI, a leading specialty distributor and fabricator of mechanical insulation solutions for commercial, industrial and residential end markets.
Many of our remarks today will include forward-looking statements, which are subject to known and unknown risks and uncertainties, including those set forth in this morning’s press release and in the company’s SEC filings. The company assumes no obligation to update any forward-looking statements because of new information, future events or otherwise. Please note that some of the financial measures to be discussed during this call will be on a non-GAAP basis. These non-GAAP measures are not intended to be considered in isolation or as a
