Brad Jacobs leads QXO to acquire Kodiak Building Partners in a 2.25 billion dollar deal

Billionaire Brad Jacobs is expanding his building products empire by acquiring Kodiak for $2.25 billion. The move helps QXO compete with Home Depot and Lowe's.

Insights:
QXO Inc announced today, February 11, 2026, that it has agreed to acquire Kodiak Building Partners for approximately $2.25 billion. The deal represents a significant expansion for the US USUS based company, broadening its distribution footprint and product mix beyond its core roofing business into categories such as lumber, trusses, gypsum, and other construction supplies. This move is designed to increase the company's scale and better position it against major industry competitors like The Home Depot, Inc. and Lowe's Companies, Inc. .
Kodiak Building Partners brings roughly $2.4 billion in annual revenue and approximately 110 locations to the transaction. The acquisition significantly enhances QXO's distribution network and product breadth, moving the firm into diverse segments of the building-products market. This transaction occurs during a period of accelerated consolidation within the sector, where companies are seeking to optimize supply chains and service offerings.
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