Acquisition History / QXO, Inc. / TopBuild Corp.

QXO, Inc. Acquires TopBuild Corp.

Announced April 20, 2026 — $17B

QXO, Inc.Insulation installation and distribution2026

What happened

TopBuild is an installer and distributor of insulation and related building products. QXO agreed in April 2026 to acquire it for $17B, a deal that would make QXO the second-largest publicly traded building products distributor in North America with more than $18B of combined revenue.

Acquirer
QXO, Inc.
Target
TopBuild Corp.
Announced
April 20, 2026
Price
$17B
Industry
Insulation installation and distribution
Buyer type
Strategic acquirer
Status
Announced, not yet closed

By the numbers

QXO, Inc.'s acquisition history
2nd of 2 tracked deals
Disclosed prices
2 of 2 QXO, Inc. deals
QXO, Inc.'s average disclosed price
$9.63B
QXO, Inc.'s largest disclosed deal
TopBuild Corp. ($17B)
Tracked acquisitions in 2026
397 across all acquirers
QXO, Inc. in Insulation installation and distribution
1 acquisition

Frequently Asked Questions About This Acquisition

When did QXO, Inc. acquire TopBuild Corp.?

QXO, Inc. acquired TopBuild Corp. on April 20, 2026. This was QXO, Inc.'s 2nd publicly tracked acquisition out of 2 we have on record.

How much did QXO, Inc. pay for TopBuild Corp.?

QXO, Inc. paid $17B for TopBuild Corp..

What does TopBuild Corp. do?

TopBuild is an installer and distributor of insulation and related building products. QXO agreed in April 2026 to acquire it for $17B, a deal that would make QXO the second-largest publicly traded building products distributor in North America with more than $18B of combined revenue.

What other Insulation installation and distribution companies has QXO, Inc. acquired?

TopBuild Corp. is QXO, Inc.'s only publicly tracked acquisition in Insulation installation and distribution so far.

Read the full article →

More QXO, Inc. acquisitions

See all 2 QXO, Inc. acquisitions →