On the Record · QXO Building Products
QXO Building Products acquisitions, on the record
The businesses QXO Building Products bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Whitney Building Products, LLCWord for word“on December 30, 2022, we acquired Whitney Building Products, LLC, a distributor of commercial and multifamily waterproofing and restoration products, with one branch located in Massachusetts and annual sales of approximately $19 million prior to the acquisition;” 10-K for 2022 | acquisition | December 30, 2022 | — |
Coastal Construction ProductsWord for word“on November 1, 2022, we acquired Coastal Construction Products, one of the largest independent distributors of specialty waterproofing products in the U.S., with 18 branches primarily in the Southeast and annual sales of approximately $250 million prior to the acquisition;” 10-K for 2022 | acquisition | November 1, 2022 | — |
Complete Supply, Inc.Word for word“on June 1, 2022, we acquired Complete Supply, Inc., an independent distributor of residential roofing and exterior building supplies to contractors and homebuilders, with one branch located in Illinois and annual sales of approximately $10 million prior to the acquisition;” 10-K for 2022 | acquisition | June 1, 2022 | — |
Wichita Falls Builders Wholesale, Inc.Word for word“on April 29, 2022, we acquired Wichita Falls Builders Wholesale, Inc., a distributor of complementary residential exterior building materials, including windows, doors and siding to contractors, homebuilders and retail customers, with one branch located in Texas and annual sales of approximately $4 million prior to the acquisition;” 10-K for 2022 | acquisition | April 29, 2022 | — |
Crabtree Siding and SupplyWord for word“on January 1, 2022, we acquired Crabtree Siding and Supply, a wholesale distributor of residential exterior building materials, including a broad offering of complementary products, to contractors and homebuilder customers, with one branch located in Tennessee and annual sales of approximately $1 million prior to the acquisition.” 10-K for 2022 | acquisition | January 1, 2022 | — |
First Coastal Exteriors, LLCWord for word“In addition, on January 4, 2023, we announced the acquisition of First Coastal Exteriors, LLC, a distributor of complementary residential and commercial building products including siding, gutter products, and windows, with two branches in the Southeast and annual sales of approximately $10 million prior to the acquisition.” 10-K for 2022 | agreed acquisition | January 4, 2023 | — |
Allied Building Products Corp.Word for word“Our history has been strongly influenced by significant acquisition-driven growth, highlighted by the acquisitions of Allied Building Products Corp. for $2.88 billion in 2018 and Roofing Supply Group, LLC for $1.17 billion in 2016.” 10-K for 2022 | acquisition | 2018 | $2.88 billion |
Roofing Supply Group, LLCWord for word“Our history has been strongly influenced by significant acquisition-driven growth, highlighted by the acquisitions of Allied Building Products Corp. for $2.88 billion in 2018 and Roofing Supply Group, LLC for $1.17 billion in 2016.” 10-K for 2022 | acquisition | 2016 | $1.17 billion |
Solar ProductsWord for word“On December 1, 2021, we completed the divestiture of our solar products business (“Solar Products”).” 10-K for 2022 | divestiture | December 1, 2021 | — |
interior products and insulation businesses (Interior Products) sold to Foundation Building Materials Holding Company LLCWord for word“On February 10, 2021, we completed the sale of our interior products and insulation businesses (“Interior Products”) to Foundation Building Materials Holding Company LLC for the final adjusted purchase price of $842.7 million.” 10-K for 2022 | divestiture | February 10, 2021 | $842.7 million |
Interior ProductsWord for word“On February 10, 2021, we completed the sale of our interior products and insulation businesses (“Interior Products”) to Foundation Building Materials Holding Company LLC for the final adjusted purchase price of $842.7 million.” 10-K for 2023 | divestiture | On February 10, 2021 | the final adjusted purchase price of $842.7 million |
43 total branches from 14 acquisitionsWord for word“Since January 1, 2022, we have pursued and finalized numerous acquisitions in key markets to complement the expansion of our geographic footprint, totaling 43 total branches from 14 acquisitions, which, for the twelve months prior to being acquired, produced aggregate annual sales of approximately $474.1 million.” 10-K for 2023 | acquisition | Since January 1, 2022 | aggregate annual sales of approximately $474.1 million |
21 branchesWord for word“• 21 branches acquired; • 28 new branch locations opened; • digital sales 23.0% higher than the prior year; and • continued improvements in the results of our branches falling in the bottom quintile of our financial performance metrics.” 10-K for 2023 | acquisition | — | — |
H&H Roofing Supply, LLCWord for word“The following table illustrates the classification of financial results for branches acquired in 2023: Date Acquired Company Name Branches Acquired Results of Operations Classified as Acquired Results of Operations Classified as Existing November 1, 2023 H&H Roofing Supply, LLC 1 January 2024 - October 2024 November 2023 - December 2023; November 2024 - December 2024 October 2, 2023 Garvin Construction Products 5 January 2024 - September 2024 October 2023 - December 2023; October 2024 - December 2024 September 5, 2023 S&H Building Material Corporation 1 January 2024 - August 2024 September 2023 - December 2023; September 2024 - December 2024 August 1, 2023 All American Vinyl Siding Supply, LLC 1 January 2024 - July 2024 August 2023 - December 2023; August 2024 - December 2024 July 11, 2023 Crossroads Roofing Supply, Inc.” 10-K for 2024 | acquisition | November 1, 2023 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-09-30 | $1.02 billion | — | $617.5 million |
| 2017-09-30 | $129.4 million | — | $53 million |
| 2018-09-30 | $2.74 billion | — | $1.24 billion |
| 2019-09-30 | $164 million | — | — |
| 2020-09-30 | −$5.1 million | $0 | — |
| 2021-09-30 | $0 | $836 million | $140.9 million |
| 2022-12-31 | $309.2 million | $0 | $140.9 million |
| 2023-12-31 | $119 million | $0 | $35.6 million |
| 2024-12-31 | $420.5 million | — | $144.7 million |
Deal filings since 2016
- 2025-04-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-04-29 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-03-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-01-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-03-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-07-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-07-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-07-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-07-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-06-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-05-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-05-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-04-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-12-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-10-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-09-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-11-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-01-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-01-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-10-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-10-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-08-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from QXO Building Products’s annual reports (10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2025-02-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.