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QXO proposes to acquire GMS Inc.

PUBLIC · QXOSep 28, 2026

Acquiring Company

QXO

Acquired Company

GMS

New YorkTuckerbuilding materialsManufacturingConstructionBuilding MaintenanceBuilding Material

Description

QXO has made a takeover proposal for GMS Inc., prompting a significant rise in GMS stock. The proposal highlights the potential for a strategic combination within the building-products distribution market. GMS reported strong revenue growth recently, making this acquisition proposal particularly interesting to investors. The outcome of this proposal could reshape market dynamics in the sector.

Company Information

Company

QXO

Location

120 Eagle Rock Avenue

New York, New York, United States

About

Beacon Building Supply is a significant player in the building materials industry, primarily involved in the distribution of roofing and other building supplies. With nearly a century of operation, it has built strong brand loyalty among its customers. The company recently entered a merger agreement with QXO Inc., aiming for enhanced growth.

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Frequently asked

Who acquired GMS?

GMS was acquired by QXO, based in New York. The deal was reported on September 28, 2026. Beacon Building Supply is a significant player in the building materials industry, primarily involved in the distribution of roofing and other building supplies. QXO is publicly traded (QXO) and operates in building materials.

When did QXO acquire GMS?

QXO's acquisition of GMS was reported on September 28, 2026. QXO has made a takeover proposal for GMS Inc., prompting a significant rise in GMS stock. The proposal highlights the potential for a strategic combination within the building-products distribution market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does GMS do?

GMS Inc. is a leading North American specialty building products distributor, operating a network of over 300 distribution centers with extensive product offerings of wallboard, ceilings, steel framing and complementary construction products. It is privately held, operating in Manufacturing, and is based in Tucker.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.