Private equity firm Court Square Capital has sold Kodiak Building Partners to QXO for $2.25 billion, marking a major consolidation in the North American building products distribution sector. Kodiak, founded in 2011 and based in Englewood, Colorado, specializes in acquiring building materials companies. The deal positions QXO to expand its product offerings and value-added services across the market.

QXO, led by chairman and CEO Brad Jacobs, is a distributor of building products in North America. The acquisition of Kodiak Building Partners represents QXO's strategic move to broaden its customer base and enhance its competitive position in the industry. Court Square's exit comes after years of investment in Kodiak's growth through acquisitions of building materials companies.

The transaction underscores the ongoing consolidation trend in the building products distribution sector, with larger players seeking to achieve scale and operational efficiencies. For Kodiak, the sale to QXO provides an opportunity to leverage expanded resources and distribution networks under new ownership.