QXO Agrees To Buy Kodiak Building Partners From Court Square Capital Partners For $2.25B To Strengthen U.S. Building Products Distribution Network

The transaction is expected to be highly accretive to 2026 earnings and will expand QXO's current addressable market to more than $200 billion.

 

Kodiak generated approximately $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 value-added assembly, fabrication, and installation services. The business is a market leader in most of its geographies, with concentrations in the Sun Belt and Mountain states. About 40% of Kodiak's 2025 revenues were generated in Florida and Texas, where building market growth has consistently outpaced national market growth over the last decade.