Latest acquisition by Brad Jacobs’ QXO building products rollup is largest so far

About 13 months after Brad Jacobs-founded QXO announced its first acquisition as part of his quest to roll up a fragmented building products industry, the company has made a third purchase, its biggest one yet. QXO (NYSE: QXO) announced Sunday that it was acquiring TopBuild Corp. (NYSE: BLD) for approximately $17 billion. QXO’s earlier acquisitions were Beacon Roofing Supply in March 2025 for about $11 billion, and Kodiak, a $2.