QXO, Inc. QXO
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Rating Factors
Company Overview
QXO, Inc. is a publicly traded company focused on building a large-scale platform in the building products distribution industry through acquisitions, technology integration, and operational modernization. The company operates primarily in the distribution and services sectors tied to construction and infrastructure markets, with a stated emphasis on transforming fragmented building products supply chains using software, data, logistics, and procurement capabilities. QXO’s business model centers on acquiring established distributors and applying centralized technology and operational processes to improve efficiency, customer reach, and purchasing scale.
QXO evolved from SilverSun Technologies, Inc., an enterprise software and business solutions company serving small and mid-sized businesses. In 2023, investor and entrepreneur Brad Jacobs became Chairman and led a strategic transformation that resulted in the company being renamed QXO, Inc. The company subsequently repositioned itself toward large-scale acquisition-driven growth in building products distribution. Public filings and investor communications indicate that QXO aims to consolidate portions of a highly fragmented industry while leveraging technology-enabled operations as a differentiator.
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Price History
- Low
- $10.77
- Current
- $11.12
- High
- $27.61
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Dividends and Shares
Corporate Info
Greenwich, CT 06831