06:21 AM EST, 02/11/2026 (MT Newswires) -- QXO (QXO) said Wednesday it has agreed to acquire Kodiak Building Partners from Court Square Capital Partners for about $2.25 billion.

The purchase price includes $2 billion in cash and 13.2 million shares, which QXO can repurchase at $40 per share, the company said.

The deal, projected to close early Q2, is expected to be highly accretive to QXO's 2026 earnings and expand its addressable market to over $200 billion, the company added.

QXO said Kodiak generated revenue of around $2.4 billion in 2025 as a US distributor of building materials such as lumber, trusses, windows and doors.