QXO, Inc.

In June 2024, Brad Jacobs' family office and co-investors invested $1 billion into SilverSun Technologies, a small-cap publicly traded software and IT services company, through a private investment in public equity (PIPE) consisting of $900 million from Jacobs and $100 million from co-investors, including Sequoia Heritage. Jacobs, founder and former Chief executive officer of United Rentals and XPO, Inc., became chairman and chief executive officer. Renamed QXO, the company subsequently entered building products distribution and installation through acquisitions, including Beacon Roofing Supply in 2025, and Kodiak Building Partners and TopBuild in 2026.

In January 2025, QXO launched an all-cash tender offer to acquire Beacon for approximately $11 billion. After initially resisting the offer, Beacon entered into a definitive merger agreement with QXO in March 2025. QXO completed the acquisition in April 2025.

In February 2026, QXO announced an agreement to acquire Kodiak Building Partners from Court Square Capital for $2.25 billion, and the transaction closed in April 2026. Later that month, QXO announced an agreement to acquire TopBuild for $17 billion, and the transaction closed in July 2026, adding insulation distribution and installation capabilities.

Products and services

QXO's customers include professional contractors, homebuilders, building owners, data center operators, and tradespeople in the United States and Canada. QXO sells building products, including insulation, residential and commercial roofing materials, lumber, and waterproofing. In addition, the company offers windows, doors, siding, gutters, trusses, construction supplies, and other building materials. QXO also exclusively distributes the Tri-Built brand.

Through the acquisitions of Kodiak and TopBuild, the company added installation services alongside assembly and fabrication capabilities, primarily for lumber and insulation products.