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QXO to buy Kodiak from Court Square in $2.25 billion deal
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QXO to buy Kodiak from Court Square in $2.25 billion deal
Mar 11, 2026 3:39 AM

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.

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