NYSE:QXOTrade Distributors
QXO Triples Market With Kodiak Deal As Dilution Risk And Valuation Loom
QXO (NYSE:QXO) has completed its acquisition of Kodiak Building Partners, a move that triples its addressable market.
The transaction lifts QXO’s EBITDA run rate above US$1b, marking a new operational scale for the company.
At the same time, QXO launched a large secondary equity offering to support additional mergers and acquisitions.
These steps advance CEO Brad Jacobs’ plan to consolidate the building supply distribution industry.
For investors watching the building supply distribution...