Richards Building Supply has launched new property intelligence tools inside its CRM, giving contractors instant access to aerial measurements and imagery to accelerate estimating, bidding, and ordering.
JLG Industries is making a strategic bet on construction automation, acquiring core robotics technology from Canvas to integrate intelligent, autonomous solutions into its access equipment portfolio.
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.
Brad Jacobs, chairman and CEO of QXO Inc., said he will step down as chairman of the boards at XPO Inc. and GXO Logistics Inc. effective Dec. 31, 2025, as he shifts more of his focus to growing QXO and Jacobs Private Equity.
The impact of The Home Depot’s recent $5.5B acquisition of GMS through its partnership with SRS is still reverberating across multiple industries. SRS CEO Dan Tinker and GMS CEO JT Turner highlight their customer-first integration focused on growth, innovation, and expanded opportunities for contractors and employees.
SRS CEO Dan Tinker and GMS CEO JT Turner highlight their recent partnership and customer-first integration focused on growth opportunities for contractors.
The U.S. Department of Labor is investing $86 million in workforce training across 14 states to strengthen domestic industries and prepare workers for high-demand trades.