Apollo’s $1.2B bet on QXO tests data limits in building materials
Apollo Global Management affiliates announced yesterday a $1.2 billion investment in QXO. QXO CEO Brad Jacobs–after building an array of successful distribution companies in logistics and equipment rental–entered the construction industry by acquiring Beacon Roofing Supply in April 2025. He’s told shareholders he has a $50 billion revenue target over the next decade and has […]
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