QXO Inc to Acquire Kodiak Building Partners in $2.25 Billion Deal, Anticipates Significant 2026 Earnings Boost

Stock News02-11

QXO Inc (QXO.US) has agreed to acquire Kodiak Building Partners from Court Square Capital Partners in a transaction valued at approximately $2.25 billion. The acquisition consideration includes $2 billion in cash and 13.2 million shares, with QXO retaining the right to repurchase these shares at $40 per share. The transaction is expected to be finalized in early Q2 2026, pending standard closing conditions, and is projected to significantly enhance QXO's 2026 earnings.

As a US building materials distributor, Kodiak generated approximately $2.4 billion in revenue in 2025. Its operations span lumber, trusses, doors and windows, construction supplies, waterproofing materials, roofing products, and complementary exterior products, along with value-added assembly, processing, and installation services. QXO stated that integrating Kodiak's structural components and exterior building products business with its existing product lines will better position the company to expand market share and wallet share among large-scale home builders. This transaction will expand QXO's current addressable market to over $200 billion.

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