QXO's Brad Jacobs book launch party on Jan. 12 doubled as a capital-markets flex, coming hours after QXO unveiled a $1.8-billion equity raise to fuel its contractor-supply ambitions.
Contractors report a shift in market momentum, with survey data showing signs of pressure in some sectors even as confidence holds above growth thresholds.
Brad Jacobs, known for high-velocity roll-ups, brought his playbook to roofing with QXO’s $11B Beacon deal; he sits down to share his thoughts with Roofing Contractor in this Q&A.
The construction industry added 15,000 jobs in June, bringing the year-over-year total to 121,000. However, rising costs, project delays and high interest rates are squeezing contractor margins.
A record crowd turned out for SkillsUSA’s 61st National Conference, where commercial roofing saw peak participation — signaling Gen Z’s rising interest in skilled trades.
Home Depot will acquire GMS for $5.5B through its SRS Distribution unit, creating a 1,200-location network aimed at delivering faster service and expanded offerings to contractors.