TopBuild Archives

QXO Completes $17B TopBuild Deal, Pushing Annual Revenue Past $16B

QXO officially closed on its acquisition of TopBuild, adding insulation distribution and installation scale to its fast-growing building products platform and positioning the company near the top of MDM’s Building Materials/Construction Top Distributors List.

July 1, 2026

Building Materials/Construction

QXO, TopBuild Shareholders Approve $17B Deal

QXO’s acquisition of TopBuild cleared a major hurdle with shareholder approval from both companies. The transaction is expected to close July 1, positioning QXO as one of North America’s largest publicly traded building products distributors.

June 29, 2026

Building Materials/Construction

QXO Set to Land TopBuild in $17B Deal to Reshape Building Materials Distribution

It’s the second-largest purchase price we’ve ever seen in the market behind Home Depot’s $18 billion SRS deal and caps a remarkable 12-month span of aggressive growth for QXO.

April 19, 2026

Building Materials/Construction

TopBuild Acquires Coatings, Spray Foam Distributors in Upstate NY

The acquisition strengthens TopBuild's presence in the Northeast.

February 4, 2026

Building Materials/Construction

TopBuild Makes Quartet of Insulation & Door Acquisitions

Combined, they represent about $53 million in annual revenue for the distributor and installer, and follow its much larger purchases of SPI and Progressive Roofing.

November 4, 2025

Building Materials/Construction

TopBuild Buys Fellow Insulation Distributor SPI for $1B

SPI had revenue of about $700 million for the 12 months ended June 30 and represents another major expansion for TopBuild after it acquired Progressive Roofing in July.