QXO to Buy TopBuild for $17 Billion in Brad Jacobs’ Biggest Building-Products Push Yet
QXO announced Sunday it’s buying TopBuild, an insulation and commercial roofing specialist, in a deal valued at roughly $17 billion—cash and stock combined. That marks another big move for billionaire Brad Jacobs as he pushes deeper into building-products distribution. QXO expects the acquisition will boost earnings shortly after closing.
