Brad Jacobs’ latest venture, QXO with it plans to roll up a diffuse network of building product suppliers through acquisitions, has just armed itself with a lot more cash to do so. At its most basic, QXO is a logistics play: put a growing amount of assets of a fragmented building supply chain ecosystem under one roof, link them through a unified supply chain and reap the benefits of that efficiency. It now has about $1.2 billion more that it can use to complete that task, having completed 2025 with only ...