TopBuild in its $1 billion acquisition of Distribution International




$1 billion


Mergers and Acquisitions

Date Closed

October 2021


Construction & Engineering

Lead Office



On October 15, 2021, TopBuild Corp. completed its acquisition of Distribution International from Advent International, in an all cash transaction valued at $1 billion. This transaction strategically positions TopBuild as the leading supplier of energy saving insulation products in critical and growing end-markets.

TopBuild Corp., headquartered in Florida, is a leading installer and specialty distributor of insulation and building material products to the North American construction industry.

Distribution International is a leading North American specialty distributor of mechanical insulation and related accessories for industrial and commercial end-markets.

Osler, Hoskin & Harcourt LLP advised TopBuild on Canadian aspects of the acquisition with a team consisting of Terry Burgoyne, Brian Gray, Han Rui Cui (Corporate), Jasmyn Lee (Financial Services), Jonathan Marin, Jonathan Wypych (Pensions & Benefits), Damian Rigolo (Employment & Labour), Rod Davidge, Josh Disenhouse (Real Estate), John Salloum, Maryna Polataiko (Privacy & Data Management), Patrick Welsh (Regulatory, Environmental, Indigenous and Land) and Barry Fong (Intellectual Property).