QXO Inc., Greenwich, Conn., has announced it has entered into a definitive agreement to acquire Kodiak Building Partners, Englewood, Colo., from Court Square Capital Partners for about $2.25 billion, according to a QXO press release. The transaction is expected to expand QXO’s current addressable market to more than $200 billion.
The purchase price includes $2 billion of cash and 13.2 million shares, with QXO retaining the right to repurchase the shares at $40 per share. The transaction is expected to close early during the second quarter of 2026.
Kodiak Building Partners generated about $2.4 billion of revenues in 2025 as a U.S. distributor of lumber, trusses, windows and doors, construction supplies, waterproofing, roofing and complementary exterior products, as well as assembly, fabrication and installation services. About 40% of the company’s 2025 revenues were generated in Florida and Texas.
