QXO

QXO is a technology-driven company focused on providing solutions to clients in the manufacturing, distribution, and service sectors. Their services encompass consulting and professional services, specialized programming, training, technical support, and development of proprietary software. As a value-added reseller of business application software, QXO offers solutions for accounting, financial reporting, enterprise resource planning, warehouse management systems, customer relationship management, business intelligence, and other applications. Notably, QXO is aiming to become a tech-forward leader in the $800 billion building products distribution industry, with a goal of reaching tens of billions of dollars in annual revenue over the next decade through strategic acquisitions and organic growth.

QXO's strategy leverages the building products distribution industry's nascent use of technology, particularly AI and B2B e-commerce, to differentiate themselves as a tech-focused entrant. The company emphasizes its ability to elevate the customer experience, increase sales force effectiveness, and expand margins through scale and innovation. QXO's leadership team, led by Chairman and CEO Brad Jacobs, boasts significant experience in building and scaling successful public companies across various sectors, providing a strong foundation for QXO's growth trajectory.

QXO, a technology-focused company, aims to become a leading force in the $800 billion building products distribution industry, prioritizing innovation and leveraging its expertise in AI and B2B e-commerce to improve customer experiences and generate significant shareholder value. QXO plans to achieve this by acquiring exceptional businesses and integrating them effectively, while also fostering a highly engaged workplace culture to fuel organic growth and high returns on capital.

QXO promotes a culture of attracting and retaining world-class talent, establishing advantages through technology, and scaling up through accretive M&A and organic growth. They have a history of completing many acquisitions across different industries and their leadership team has a history of fostering a highly engaged workplace culture.