United Subcontractors, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

United Subcontractors, Inc. - overview

Established

1997

Location

St. Paul, MN, US

Primary Industry

Construction

About

United Subcontractors, Inc. specializes in insulation and building material installation services, catering to both residential and commercial markets with a commitment to energy efficiency and high-quality installations. Founded in 1997 and headquartered in St. Paul, US, United Subcontractors, Inc.


provides insulation and building material installation services. The company underwent a significant pivot when TopBuild Corp. acquired its Installation and Distribution Business for USD 475 mn in May 2018. Bill Varner currently serves as the CEO.


The company has completed a total of 8 deals. USI specializes in providing a comprehensive range of insulation and building material installation services tailored for both residential and commercial projects. The company’s core offerings include the installation of various types of insulation such as fiberglass batt insulation and spray foam, which are critical for ensuring energy efficiency in buildings. Additionally, USI installs custom shower enclosures, garage doors, gutter systems, and turnkey fireplace solutions, addressing the functional and aesthetic needs of homeowners and builders alike.


The clientele primarily consists of residential builders, commercial developers, and individual homeowners, all seeking high-quality, reliable installation services to enhance their construction projects. USI operates across multiple geographical markets, specifically targeting states such as Florida, Texas, North Carolina, and Utah, thereby serving a diverse customer base in urban and suburban areas throughout the United States. USI generates revenue through direct-to-consumer and business-to-business transactions, focusing on installation services for insulation and other building materials. These transactions typically follow a project-based pricing structure, where clients receive tailored quotes based on the specific requirements of their projects.


The company’s flagship services, including insulation installations and custom shower door fittings, are priced according to industry standards and project complexity, ensuring competitive yet fair pricing. USI engages in partnerships with residential builders and commercial contractors, facilitating streamlined service delivery and fostering long-term relationships that contribute to repeat business. Following the acquisition by TopBuild Corp. , United Subcontractors, Inc.


aims to leverage its resources to enhance service delivery and expand its market presence. The company is exploring opportunities to introduce new insulation products designed for improved energy efficiency, with plans to launch these by 2024. Further, USI is targeting expansion into additional states beyond its current markets, specifically aiming to establish a presence in the Midwest by 2025. The funding from the Trade Sale, amounting to USD 475 mn, will be utilized to support these initiatives and strengthen the company’s operational capabilities.


Primary Industry

Construction

Sub Industries

Engineering, Consumer Services, Construction, Rubber & Plastics

Website

www.usiinc.com

Total Amount Raised

Subscriber access only

United Subcontractors, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedUnited Subcontractors, Inc.-
BuyoutCompletedUnited Subcontractors, Inc.-
Trade SaleCompletedUnited Subcontractors, Inc.-
BuyoutCompletedUnited Subcontractors, Inc.-
Bankruptcy/Write-offCompletedUnited Subcontractors, Inc.-

Displaying 1 - 5 of 8

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.