TL;DR
QXO has completed its acquisition of TopBuild Corp., a distributor and installer of insulation, consolidating the building products and services market. The acquisition expands QXO's product offering and installation capabilities in North America.
QXO, Inc. announced on July 1, 2026, that it closed its previously disclosed acquisition of TopBuild Corp., a company specializing in the distribution and installation of insulation and other building materials. QXO now leads in several building product categories in North America, such as insulation and waterproofing materials.
Alec Covington, TopBuild’s former Chairman, joined QXO’s Board of Directors, effective immediately. Mr. Covington replaces Jared Kushner, who has resigned from the Board of Directors to focus on other commitments.
Brad Jacobs, Chairman and Chief Executive Officer of QXO, said, “By acquiring TopBuild, we’re broadening our product offering, adding installation capabilities, and expanding our exposure to fast-growing end markets like data centers.” QR
In this story
This story was originally published by Ryan O'Toole in Qualified Remodeler on July 1, 2026. Burnaze summarizes and links to the original reporting.
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