Core Viewpoint - Beacon Roofing Supply, Inc. (BECN) has entered into a definitive merger agreement to be acquired by QXO, Inc. for $11 billion, with the transaction valued at $124.35 per share in cash, expected to close by the end of April [1] Company Overview - BECN is a leading distributor of roofing, waterproofing, and exterior products, with nearly 600 branches across the United States and Canada [1][4] - The company has been focusing on its Ambition 2025 plan to enhance customer experience, expand revenue and margins, and boost value for stakeholders [5] Financial Performance - BECN's shares gained 2% during the trading session following the merger announcement, indicating positive investor sentiment [2] - The company has achieved significant milestones under the Ambition 2025 plan, including 19 new greenfield locations, 42 acquired branches, and a 24.1% year-over-year increase in digital sales [6] - BECN's efforts to improve underperforming branches contributed $20 million to adjusted EBITDA, surpassing its three-year target of $75 million ahead of schedule [6] Market Position - Over the past six months, BECN's shares have increased by 45.6%, significantly outperforming the Zacks Building Products - Retail industry's decline of 5.7% [9] - The company's early progress in achieving Ambition 2025 targets and maintaining shareholder value amid macroeconomic risks is viewed positively for its future prospects [9]