Exclusive: Jacobs' QXO to buy Kodiak for $2.25 billion, taking aim at Home Depot and Lowe's, sources say

Core Viewpoint - Building-products distributor QXO, led by billionaire dealmaker Brad Jacobs, has agreed to acquire Kodiak Building Partners for approximately $2.25 billion [1] Company Summary - QXO is a significant player in the building products distribution sector, indicating its growth strategy through acquisitions [1] - Kodiak Building Partners is a smaller private distributor, suggesting that QXO is targeting expansion into niche markets or enhancing its product offerings [1] Financial Summary - The acquisition deal is valued at around $2.25 billion, highlighting QXO's financial capability and willingness to invest in growth opportunities [1]