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QXO is acquiring TopBuild for $17 Billion.

The acquisition was completed at a 14.9x EV/EBITDA valuation. 11.8x net of expected synergies.

QXO is set to become the 2nd largest publicly-traded building products distributor with $18B of revenue and $2B of Adj. EBITDA following the transaction.

Apr 20
at
1:11 AM
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