Company Profile
QXO is a publicly traded distributor of building products in North America, headquartered in Greenwich, CT. The firm is actively transforming the $800 billion building products distribution industry by becoming a tech-enabled leader. QXO's strategy focuses on achieving significant growth, targeting $50 billion in annual revenues within the next decade through a combination of accretive acquisitions and organic expansion.
The firm, led by Chairman and CEO Brad Jacobs, entered the building products distribution industry in June 2024 when Jacobs Private Equity II, LLC (JPE) led a $1 billion equity investment into SilverSun Technologies, Inc., which subsequently began operating as QXO. QXO aims to streamline operations, improve efficiency, and foster business growth for contractors, distributors, and suppliers within the building materials sector.
QXO offers a comprehensive suite of business applications, including ERP, warehouse management, accounting, CRM, and business intelligence solutions, tailored for roofing professionals and distributors. The firm has demonstrated its aggressive acquisition strategy, notably completing the acquisition of Kodiak Building Partners for approximately $2.25 billion, which significantly expanded its market reach and product offerings. QXO also secured $3 billion in financing, led by Apollo Global Management and Temasek, to further support its acquisition strategy.
The company's expertise lies in leveraging technology to enhance supply chain visibility, demand forecasting, and overall operational excellence. With a network of over 8,000 professionals and 600+ locations across North America, QXO is committed to providing timely and accurate product delivery, supporting contractors with digital tools for efficient jobsite management, and driving real results for its clients.
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