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Brad Jacobs-Led QXO Boosts Financing Deal to $3 Billion

QXO secured $3 billion in total funding to expand its acquisitions in building products, backed by major investors including Apollo and Temasek, highlighting strong market confidence.

Summary by Transport Topics
QXO Inc. is raising another $1.8 billion from investors, boosting QXO’s total financing to $3 billion and will support the company’s acquisition strategy, according to a statement Jan. 12.

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The Brad Jacobs-led startup must ink its first deal by July 15.

·Washington, United States
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The spokesman-Review broke the news in Spokane, United States on Monday, January 12, 2026.
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