QXO Latest Deal Continues Its Building Products Ramp-up

With the acquisition of Kodiak as its latest deal, QXO is building on its plan to consolidate the highly fragmented building products industry. Kodiak is being acquired for $2 billion in cash and 13.2 million QXO shares. When the deal was announced, the total size of the transaction was estimated by QXO to be $2.25 […]

QXO Looking to Hit $50 Billion Mark in Next Few Years

After a big acquisition year, the giant distributor looks to grow through both new deals and internal expansion. Speaking recently at the Economic Club of New York, company founder Brad Jacobs said that QXO’s acquisition earlier this year of Beacon Roofing Supply was just the first step in his goal to take the company to […]

In Big Acquisition, QXO Buying Beacon Roofing Supply

In what’s being called an $11 billion deal, the purchase will create a new powerhouse in the building sector. For QXO it’s the latest acquisition as it continues to build out its business in the trade and there are more to come the company says. “Acquiring Beacon is a key milestone in our plan to create […]