QXO president of lumber and building materials and co-founder of Kodiak Building Partners, Steve Swinney, recently announced in a LinkedIn post he is stepping away from the company after nearly 20 years in the building products distribution industry. The announcement …
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QXO Appoints New President and Chief Operating Officer
QXO, Inc. has announced the appointment of Ken West as president and chief operating officer, effective Sept. 1, 2026. West will report to chief executive officer Brad Jacobs and be responsible for QXO’s day-to-day operations. West brings an extensive track …
Read More »QXO Posts Investor Q&A Detailing Company’s Strategic Positions
QXO Inc. recently posted an investor Q&A, detailing the company’s key priorities and strategic positions for the future along with plans following the recent acquisition of TopBuild Corp. Hear insights from Brad Jacobs, QXO investor on where QXO stands and …
Read More »QXO Completes Acquisition of TopBuild Corp.
QXO, Inc. and TopBuild Corp. recently announced that stockholders of both companies overwhelmingly approved all proposals required for QXO to complete its acquisition of TopBuild at the companies’ respective Special Meetings. Approximately 99% of the votes cast at QXO’s Special …
Read More »TopBuild Reports Sales Growth Driven by 2025 Acquisitions
TopBuild Corp., an installer of insulation and commercial roofing and a specialty distributor of insulation and related building products to the construction industry in the U.S and Canada, released its financial results for the first quarter of 2026, reporting a …
Read More »QXO to Acquire TopBuild, Become 2nd Largest Publicly Traded Building Products Distributor
QXO announced today that it has entered into a definitive agreement to acquire TopBuild Corp. for approximately $17 billion, significantly expanding QXO’s scale and capabilities across the building products value chain. The transaction is expected to be immediately and substantially …
Read More »QXO Completes Acquisition of Kodiak Building Partners
QXO announced it has completed its acquisition of Koriak Building Partners from Court Square Capital Partners for approximately $2.25 billion, expanding QXO’s addressable market to more than $200 billion. “By acquiring Kodiak, we’re providing our customers with a wider range …
Read More »QXO Reports Strong Q4 Net Sales Amid Acquisition
QXO Inc. recently released its financial results for the fourth quarter of 2025, reporting net sales of $2.19 billion, up from $14.8 million in Q4 2024, an over 14,000% increase. Net sales for 2025 ended at $6.8 billion, up from $56.9 …
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