Acquiring Company
QXO
Acquired Company
TopBuild
New YorkHoustonbuilding materialsFood and BeverageHospitalityDescription
On July 1, QXO, Inc. completed its largest acquisition to date by acquiring TopBuild for $17 billion. The deal saw TopBuild shareholders largely opting for cash over QXO shares, suggesting limited confidence in the acquirer's future. This move is part of QXO's broader strategy to consolidate the building materials sector under their operational leadership. Despite concerns about debt and valuation, QXO continues to focus on adding value through strategic acquisitions.
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Based on deal dataFrequently asked
Who acquired TopBuild?
TopBuild was acquired by QXO, based in New York. The deal was reported on August 9, 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 TopBuild?
QXO's acquisition of TopBuild was reported on August 9, 2026. On July 1, QXO, Inc. completed its largest acquisition to date by acquiring TopBuild for $17 billion. The deal saw TopBuild shareholders largely opting for cash over QXO shares, suggesting limited confidence in the acquirer's future. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does TopBuild do?
TopBuild Corp., a Fortune 1000 Company headquartered in Daytona Beach, Florida, is a leading installer and distributor of insulation and building material products to the U.S. construction industry. It is publicly traded (SYY), operating in Food and Beverage, and is based in Houston.