QXO Inc. (QXO) Announces $2.25B Acquisition of Kodiak Building Partners to Expand Addressable Market

QXO Inc. (NYSE:QXO) is one of the most promising low-cost stocks to buy now. On February 11, QXO Inc. entered into a definitive agreement to acquire Kodiak Building Partners from Court Square Capital Partners for ~$2.25 billion. The deal consists of $2.0 billion in cash and 13.2 million shares, though QXO retains the right to repurchase those shares at $40 each. Expected to close early in Q2 2026, the acquisition is projected to be highly accretive to QXO’s earnings for the year and expand its addressable market to over $200 billion.

Kodiak is a major US distributor of construction supplies, including lumber, roofing, and windows, generating roughly $2.4 billion in revenue in 2025. The company maintains a strong presence in the Sun Belt and Mountain states, with 40% of its 2025 revenue coming from the high-growth markets of Florida and Texas. By integrating Kodiak’s structural and exterior product lines, QXO aims to increase its market share among large homebuilders and support the full lifecycle of major development projects.

QXO Chairman and CEO Brad Jacobs noted that the acquisition will drive margin expansion through scaled procurement, AI-powered inventory management, and other tech-enabled efficiencies. The company remains active in its pursuit of further acquisitions, supported by recent equity financings from Apollo and Temasek. This move aligns with QXO’s long-term goal of reaching $50 billion in annual revenue within the next decade through a combination of organic growth and strategic mergers.

QXO Inc. (NYSE:QXO) distributes roofing, waterproofing, and other building products in the US. It serves contractors, distributors, and suppliers to streamline operations.

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Disclosure: None. This article is originally published at Insider Monkey.