Through the Roof: QXO to Acquire Beacon Roofing Supply for $11B
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Through the Roof: QXO to Acquire Beacon Roofing Supply for $11B
Even as new housing construction stalls, QXO announced plans to acquire Beacon Roofing Supply in a reverse triangular merger valued at $11 billion. QXO provides technology to manufacturing, distribution, and service sector clients while Beacon Roofing is a Fortune 500 company that distributes roofing and complementary building products, including siding and waterproofing. The all-cash deal is expected to close rapidly – as quickly as the end of t
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