The offering was in response to investment demand following $3 billion raised earlier this month in two private placement rounds.
Latest In Building Materials/Construction
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.
The building materials distributor will have a new CCO on Jan. 6
He's been the chairman of XPO since its founding in 2011, followed by spinoff GXO in 2021.
ACME Construction Supply and Professional Contractor Supply will join the buying group Jan. 1.
The FTC says combining Henkel’s Loctite brand with Liquid Nails would eliminate head-to-head competition between the two largest construction adhesive brands sold through major U.S. home improvement retailers.
This is the third new location for the Wisconsin-based distributor in 2025.
The acquisition strengthens All Surfaces distribution in the Mid-Atlantic region.
The lumber and plywood supplier is promoting its COO to lead the company while its current CEO will move into a board position.
With renewed capitalization, Miami-based Steel Homes plans to scale production across South Florida, the Caribbean and broader coastal markets.
CDF will invest $26.1 million in the facility and create 85 new jobs.
The deal comes eight days after SiteOne acquired another landscape materials distributor, as it continues its expansion into new markets.
Truelink Capital plans to support SouthernCarlson's next phase of growth through a combination of commercial and operational initiatives and strategic M&A.
It adds two Gulf Coast locations to Hartmann's footprint.
It gains SRS two locations in Aurora, CO and Kyle, TX and a team of 35 employees.
New England-based Holden Humphrey is a key distributor of James Hardie siding, along with wood decking and trim products, and has annual sales of about $145 million.
