TopBuild Acquires Progressive Roofing from Bow River Capital for $810M

July 15, 2025

TopBuild Corp. has acquired Progressive Roofing from Bow River Capital in an all-cash transaction valued at $810 million. Progressive Roofing, headquartered in Phoenix, Arizona, is a national commercial roofing contractor with about 1,700 employees and 12 branches; the acquisition expands TopBuild's service capabilities and geographic footprint in commercial roofing.

Targets
Progressive Roofing
Sellers
Bow River Capital
Industry
Construction
Location
Arizona, United States
Transaction Type
Buyout

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