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QXO

QXO Announces $1.2 Billion Convertible Preferred Equity Investment Led by Apollo to Fund Future Acquisitions

QXO upsizes convertible preferred equity placement to $3 billion

Apollo and Temasek lead expanded capital commitment to fund future acquisitions. QXO, Inc. (NYSE: QXO) (the “Company” or “QXO”) today announced a $1.8 billion increase to its previously announced $1.2 billion financing led by funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (“Apollo”), bringing the total investment in ...


Expanding the possibilities of luxury roofing

Expanding the possibilities of luxury roofing

By Jesse Sanchez. This lightweight slate system helped an Illinois contractor deliver luxury aesthetics while meeting structural limits and HOA rules. When an Illinois homeowner set out to install a natural slate roof, the goal was clear, but the path forward was not. Traditional slate offered the timeless character they ...


QXO Announces $1.2 Billion Convertible Preferred Equity Investment Led by Apollo to Fund Future Acquisitions

QXO announces $1.2 billion convertible preferred equity investment led by Apollo to fund future acquisitions

The investment further strengthens QXO’s financial flexibility in pursuing acquisition opportunities. QXO, Inc. (NYSE: QXO) (the “Company” or “QXO”) today announced that funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (“Apollo”) and certain other investors have agreed to invest $1.2 billion in QXO through a new series of ...


Toasting a decade of excellence at the 2025 NWIR Days!

Toasting a decade of excellence at the 2026 NWIR Days!

By Emma Peterson. Honor the past, celebrate the present and get ready for the future at this year’s NWIR conference! Originally conceived in 2014, but officially founded in 2016, the National Women in Roofing (NWIR)'s goal has always been to support the women “breaking by pursuing a variety ...


Raising roofs and spirits

Levantando techos y espíritus

Por Emma Peterson, traducido por Jessica Bravo. Desde Massachusetts hasta Michigan, los contratistas se están asegurando de que sus comunidades estén seguras y protegidas. En el ciclo de noticias de hoy, puede ser fácil centrarse en las malas noticias que ocurren todos los días, lo cual puede ser abrumador. ...


Prepárate para uno de los encuentros más importantes de la industria en 2026

Prepárate para uno de los encuentros más importantes de la industria en 2026

Por Jessica Bravo. Se unirá la comunidad hispana en IRE 2026, asegúrate de estar ahí también. IRE 2026 está por llegar y para aprovechar al máximo su experiencia, explorará una variedad de pases diseñados para adaptarse a las necesidades de cada profesional. Desde el Expo Pass, ideal para quienes ...


Paving the way for a skilled workforce

Paving the way for a skilled workforce

By Jenny Yu. In a time of labor shortages, these associations are teaming up to prove roofing is a pathway to success. According to the RoofersCoffeeShop® 2025 Roofing Industry Trends Report, sponsored by QXO, over 50% of respondents indicated having faced a labor shortage in the field, and another ...


QXO - Brad JAcobs to Step Down PR headshot from site

Brad Jacobs to step down from chairman roles at XPO and GXO Logistics

Will Remain chairman and chief executive officer of QXO. Brad Jacobs, Chairman and CEO of QXO, Inc. (NYSE: QXO), today announced he will step down from his chairman roles at XPO, Inc. (NYSE: XPO) and GXO Logistics, Inc. (NYSE: GXO), effective December 31, 2025. Jacobs will serve as senior advisor to ...


Celebrando la comunidad en la industria en la recepción de EmpowerAll.

Celebrando la comunidad en la industria en la recepción de EmpowerAll.

Por Jessica Bravo. ¡Conéctense, compartan y celebren juntos la industria en la recepción de EmpowerAll durante IRE 2026! Están invitados a la recepción EmpowerAll, un evento donde se celebra la comunidad en la industria del techado. Se llevará a cabo el martes 20 de enero de 2026, de 4:00 ...


QXO’s roadmap for the next chapter

QXO’s roadmap for the next chapter

By Emma Peterson. From employee surveys to tech upgrades, Matt Fassler gives us a look into how QXO is investing in the future. As the year comes to a close, there’s a lot to reflect on from 2025. And one of the biggest stories of the year was QXO’s ...


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