Acquiring Company
QXO
Acquired Company
GMS
GreenwichTuckerbuilding materialsManufacturingConstructionBuilding MaintenanceBuilding MaterialDescription
QXO, Inc. has made an offer to acquire GMS Inc. This acquisition aims to enhance QXO's capabilities in energy solutions, particularly in supporting the growing demands of artificial intelligence technologies. The merger signifies a strategic move to position QXO at the forefront of the energy sector as it adapts to new challenges and opportunities.
Quick answer
QXO is acquiring GMS, announced June 28, 2025. QXO is based in Greenwich, Connecticut, United States.
- How much did QXO pay for GMS?
- The deal value was not disclosed.
- What does QXO do?
- Beacon Building Supply is a significant player in the building materials industry, primarily involved in the distribution of roofing and other building supplies.
- Where are QXO and GMS based?
- QXO is based in Greenwich, Connecticut, United States. GMS is based in Tucker, Georgia, United States.
- Who are the decision-makers at QXO?
- Fundz holds 3 contacts at QXO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Holcim acquires Langley Concrete Group in Canada (June 4, 2025)
- Atlas Engineered Products acquires Truss-Worthy Inc. (June 2, 2025)
- James Hardie to acquire Azek for $8.75 billion, $8.8B (May 28, 2025)
Who to call at QXO, and when
When QXO changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day QXO raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at QXO, from your own LinkedIn network
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Related People
Frequently asked
Who acquired GMS?
GMS was acquired by QXO, based in Greenwich. The deal was reported on June 28, 2025. 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 June 28, 2025. QXO, Inc. has made an offer to acquire GMS Inc. This acquisition aims to enhance QXO's capabilities in energy solutions, particularly in supporting the growing demands of artificial intelligence technologies. 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.
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