Logistics entrepreneur Brad Jacobs has closed his first deal in the building products sector with the purchase of Beacon Roofing Supply. The post Brad Jacobs’ QXO has first building products acquisition,

U.S.-based billionaire Brad Jacobs’ firm QXO ($QXO) has secured a $11 billion deal to acquire Beacon Roofing Supply ($BECN) after months-long

The agreement between QXO and Hernon, Virginia-based Beacon Roofing Supply, which describes itself as the “largest publicly traded distributor of roofing materials and complementary building products” in the U.S. and Canada, culminates QXO’s months-long pursuit.