Feb 11 (Reuters) -
Construction supplies distributor QXO said on
Wednesday it has agreed to buy Kodiak Building Partners from
private equity firm Court Square Capital Partners in a
stock-and-cash deal valued at about $2.25 billion.
The deal includes $2 billion in cash and 13.2 million QXO
shares, which the company has the option to repurchase at $40
per share, it said.
Kodiak is a U.S. distributor of building materials,
including lumber, trusses, windows and doors, roofing and
waterproofing products, as well as other exterior construction
supplies. It also provides value-added services such as
assembly, fabrication and installation. The company generated
about $2.4 billion in revenue in 2025.
QXO said it expects the transaction to close early in
the second quarter of 2026.