Charleston construction company sells subsidiary to national distributor

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Energy One America, the nation’s largest privately held provider of foam insulation and air barrier solutions, has sold its subsidiary, Texas Insulation, to TopBuild Corp.

“Texas Insulation’s exceptional growth in both reach and revenue made this a necessary strategic decision,” said Clint Allen, CEO of Energy One America, in a news release. “We believe this will be an important investment for TopBuild and one that allows EOA to focus on its portfolio of nationwide commercial work.”

Texas Insulation generates approximately $39 million in annual revenue, according to the release. The company’s leadership team, led by President Abe Nevarez, will transition to TopBuild Corp. This framework ensures the continuity of exceptional communication and quality work product, for which the company is known.

Financial terms of the deal were not disclosed.

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“The Texas Insulation brand is strong and we are enthusiastic about our continued growth as part of the TopBuild team,” said President Abe Nevarez in the release. “We plan to further develop TopBuild’s Texas footprint, while continuing to provide a best-in-class experience to our customers.”

Established in 2001, Energy One America is a national provider of innovative and sustainable solutions to the commercial building envelope sector, according to the release.