US EditionQXO Strikes $17 Billion Deal to Acquire Building Products Distributor and Installer TopBuild
The deal would make QXO the second-largest publicly traded building products distributor in North America with more than $18 billion in combined revenue.
- QXO Inc. announced a definitive agreement to acquire TopBuild Corp. for approximately $17 billion, significantly expanding its scale and capabilities across the building products value chain.
- Chief Executive Officer Brad Jacobs is executing a growth strategy following recent acquisitions of Beacon Roofing Supply Inc. in 2025 and Kodiak Building Partners this year, with plans to build a $50 billion-revenue company.
- The combined entity will feature more than $18 billion in revenue and more than $2 billion in adjusted EBITDA, with 28,000 employees operating 1,150 locations across North America.
- Under the deal, QXO plans to pay 45% of the aggregate transaction value in cash, with common stock offered for the remainder.
- Expected to close in the third quarter of 2026, the transaction follows a fundraising spree that secured $1.8 billion from investors including Apollo Global Management Inc.
17 Articles
17 Articles
QXO strikes $17 billion deal to acquire building products distributor and installer TopBuild
U.S. construction supplies distributor QXO struck a $17 billion deal on Sunday to acquire building products distributor and installer TopBuild , adding to a wave of acquisitions by the company led by billionaire dealmaker Brad Jacobs.
The strategic rationale behind QXO’s $17 billion TopBuild acquisition
Brad Jacobs’ vaunted, capital treasure-trove-fueled sprint to geographic and marketshare clout, enough to disrupt the nation’s building products and materials supply infrastructure, took another big leap this weekend, with a $17 billion deal to acquire TopBuild, a giant among homebuilder-favored distribution players. During an investor presentation held on Sunday, Jacobs, Chairman and CEO at QXO, framed the deal as a “game changer” for QXO and i…
QXO to Acquire TopBuild in $17bn Deal that Signals High-Stakes Bet on Scale, Data Center Boom
QXO has agreed to acquire TopBuild in a $17 billion cash-and-stock transaction, accelerating a rapid consolidation strategy that is reshaping the U.S. construction supply chain and testing whether scale can unlock durable pricing power in a traditionally fragmented industry. The deal will create the second-largest publicly traded building products distributor in North America, with more […] The post QXO to Acquire TopBuild in $17bn Deal that Sig…
TopBuild Stock Soars 16% on $17 Billion Takeover Deal by QXO in Building Products Mega-Merger
NEW YORK — TopBuild Corp. shares skyrocketed more than 16% in early Monday trading on April 20, 2026, surging $67.80 to $478.11 after the leading insulation and building products installer agreed to be acquired by QXO Inc. in a $17 billion cash-and-stock transaction that values the company at a substantial premium.
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