Sources say the roofing distribution giant is pursuing multiple deal opportunities as analysts see the Apollo-backed capital raise as a signal that a major transaction could be near.
Fresh off a $1.2 billion Apollo-led investment, QXO is already in talks on another significant acquisition—and pursuing seven additional targets across multiple deal sizes.
The building products distributor secured a convertible preferred stock commitment through mid-2026, strengthening its balance sheet as it accelerates M&A growth.
Worthington Enterprises has agreed to acquire LSI Group, a leading U.S. manufacturer of standing seam metal roof components, for about $205 million, strengthening its position in commercial roofing and retrofit markets.
QXO’s $11 billion acquisition of Beacon dominated 2025 distribution news. Here’s a look back at the five most-read stories tracking the deal and its ripple effects.
S-5! adquirió la firma española ESS Group Engineering Technical Center y abrió una nueva planta de manufactura en el norte de España, ahora operando como ES5. La expansión refuerza la ingeniería, la manufactura y la entrega regional de soluciones de fijación solar y retención de nieve en toda Europa.
After a long career with one of the largest commercial roofing contractors in the nation, Mark Santacrose will step down as the executive chairman of Tecta America at the end of 2025.
A to B Roofing Partners has entered an acquisition partnership with Statesboro, Ga.–based Chandler Roofing, marking its first deal as a multi-brand roofing platform.