QXO Take-Private of Beacon Roofing Supply

Materials · United States · $11.0B

QXO Inc., the technology-driven distribution platform founded by Brad Jacobs, completed the $11 billion take-private of Beacon Roofing Supply (Nasdaq: BECN) in April 2025, acquiring all outstanding shares at $124.25 per share in cash. The transaction represents the largest take-private in building products distribution history and transforms Beacon from a publicly traded distributor into the foundational platform for QXO's aggressive buy-and-build strategy in the $800 billion North American roofing and building products distribution market.