BREAKINGVIEWS-Serial buyer pushes limit of unmysterious M&A ways
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Brad Jacobs, known for his extensive M&A experience, is utilizing QXO to consolidate building materials distributors, targeting $50 billion in sales. His transparent approach has been effective but remains untested at this scale. Recently, GMS announced its acquisition by Home Depot’s SRS Distribution for approximately $5.5 billion, following an unsolicited bid from QXO. Jefferies, BofA, JPMorgan, Goldman Sachs, and Morgan Stanley are advising the involved parties.
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