SRS Distribution gained roofing share in a historically weak market as Home Depot’s Pro business outperformed DIY in Q4. From HD’s earnings call, we extract executive details shared on pricing strategy, GMS integration and cross-selling momentum across the company’s expanding contractor-focused offering.
Latest In Building Materials/Construction
SRS' first two bolt-ons of the year net two locations and a combined 31 employees.
Economists had expected December's starts to be flat vs. November.
The company expects single- and multi-family starts to be flat across all geographies in 2026, with projected annual sales growth in line with that.
A search committee has been established to identify a candidate who will assume the organization’s leadership role.Â
Fiscal Year 2025 Net income for SiteOne increased 23%, compared to the prior year.
Kodiak Building Partners to join legacy Beacon as the next major building materials distributor to make up QXO. See details of the acquisition, expected to close in the second quarter of 2026.
The acquisition strengthens TopBuild's presence in the Northeast.
White Cap is owned by PE firm CD&R, and Colony by Audax Private Equity. It will net White Cap more than 60 new locations.
The move diversifies Britton Lumber's business into packaging and strengthens its presence in Massachusetts, Rhode Island and Connecticut.
The new capability is designed to help pros create project material lists within minutes.
October negated most of September's decline and was the fourth gain in the past five months.
Phoenix-based XO Windows will now operate in US LBM's northwest and southwest regions.Â
The manufacturer/distributor made nine bolt-ons during 2025 that led to healthy annual gains in sales and EBITDA.
The offering was in response to investment demand following $3 billion raised earlier this month in two private placement rounds.
Following a $1.2 equity commitment announced a week earlier, the financing suggests QXO expects to land its second acquisition soon.
The number of new housing unit starts was the weakest since the height of the COVID-19 pandemic despite a monthly and YoY improvement in single-family.
A person familiar with the deal told MDM that QXO is in talks with seven companies with between $1 billion and $20 billion in revenue. Get the details here.
The addition nets BFS its first two truss and wall panel facilities in the state of New York.
The Utah-based company offers a comprehensive range of tools, fasteners, accessories and safety products.