Billions are changing hands as giants like QXO, Home Depot, and Lowe’s reshape roofing distribution. See how mergers are redefining the industry — and what it means for independents.
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.
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.
From billion-dollar contractors and industry-shaping acquisitions to federal investigations, immigration enforcement, and shifting material debates, Roofing Contractor readers were drawn in 2025 to stories that reflected both the scale and the uncertainty of today’s roofing industry.
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.
Part of the Amrize family of brands, Elevate said Holly will lead continued growth and innovation across its commercial roofing portfolio, bringing deep expertise in manufacturing, distribution, and operational excellence.