QXO Seals $11 Billion Deal to Acquire Beacon Roofing
Deal News | Mar 21, 2025 | Wachtell, Lipton, Rosen & Katz
On March 20, 2025, QXO, Inc. announced a definitive merger agreement to acquire Beacon Roofing Supply, Inc. for $11 billion. The acquisition is structured as an all-cash transaction with QXO agreeing to pay $124.35 per share. The merger is expected to expand QXO's market presence in the roofing supply industry and is a strategic move to strengthen its portfolio. Wachtell, Lipton, Rosen & Katz served as the legal advisor on the transaction, highlighting the high-profile nature of the deal.
Sectors
- Construction Supplies
- Corporate Finance
Geography
- United States – Both QXO, Inc. and Beacon Roofing Supply, Inc. operate in the United States, making it the primary geography involved in the transaction.
Industry
- Construction Supplies – The article involves Beacon Roofing Supply, which operates in the construction supplies sector, focusing particularly on roofing materials.
- Corporate Finance – The announcement of a significant merger and acquisition transaction has clear implications in the field of corporate finance.
Financials
- $11 billion – The total value of the acquisition of Beacon Roofing Supply by QXO, Inc.
- $124.35 per share – The price per share agreed upon in the acquisition of Beacon Roofing Supply.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| QXO, Inc. | Bidding Company | Company | A publically traded company on NYSE, engaged in the acquisition of Beacon Roofing Supply. |
| Beacon Roofing Supply, Inc. | Target Company | Company | A publically traded company on Nasdaq, a leading supplier of roofing materials. |
| Wachtell, Lipton, Rosen & Katz | Legal Advisor | Company | A prominent law firm serving as the legal advisor for the merger deal. |