Group 1 - QXO Inc. has entered into a definitive agreement to acquire Kodiak Building Partners for approximately $2.25 billion, consisting of $2.0 billion in cash and 13.2 million shares, with the acquisition expected to close in early Q2 2026 [1][2] - Kodiak Building Partners is a significant US distributor of construction supplies, generating around $2.4 billion in revenue in 2025, with a strong presence in high-growth markets like Florida and Texas [2][3] - The acquisition is projected to be highly accretive to QXO's earnings and will expand its addressable market to over $200 billion [1][2] Group 2 - QXO aims to drive margin expansion through scaled procurement, AI-powered inventory management, and other technology-enabled efficiencies as part of the acquisition strategy [3] - The company is actively pursuing further acquisitions, supported by recent equity financings from Apollo and Temasek, aligning with its long-term goal of reaching $50 billion in annual revenue within the next decade [3][4]
QXO Inc. (QXO) Announces $2.25B Acquisition of Kodiak Building Partners to Expand Addressable Market