QXO

Company News

A public shell, US$1 billion and an US$11 billion roofing deal: QXO’s deliberately manufactured history

QXO’s current strategy began in June 2024 when Brad Jacobs and co-investors invested US$1 billion into SilverSun Technologies, renamed the public company QXO and installed Jacobs as chairman and chief executive. Unlike a typical start-up, QXO was designed as an acquisition platform from the beginning, targeting the large building-products distribution industry and planning to use technology as an operating advantage.

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