Brad Jacobs has made a fortune in his career buying and building big logistics companies, like United Rentals, Waste Management, XPO (trucking company), GXO (warehouses), and RXO (freight brokerage). His current venture is QXO, which raised billions of dollars in order to enter the building supply industry. After a long search and a couple months of battling with the executive team, QXO announced last week that it would be acquiring publicly traded roofing supply company Beacon Roofing for $11 billion. So why expand into roofing supply? And why Beacon specifically? We sat down with Brad to talk about the roofing industry, his vision for improving the company, what other opportunities are out there, and what he's seeing in the general economy right now.

Read more:
QXO Agrees to Acquire Beacon Roofing Supply in $11 Billion Deal
Affordable Housing Developers Stalled by Blocked Federal Funds

Only http://Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at  bloomberg.com/subscriptions/oddlots

Brad Jacobs has made a fortune in his career buying and building big logistics companies, like United Rentals, Waste Management, XPO (trucking company), GXO (warehouses), and RXO (freight brokerage). His current venture is QXO, which raised billions of dollars in order to enter the building supply industry. After a long search and a couple months of battling with the executive team, QXO announced last week that it would be acquiring publicly traded roofing supply company Beacon Roofing for $11 billion. So why expand into roofing supply? And why Beacon specifically? We sat down with Brad to talk about the roofing industry, his vision for improving the company, what other opportunities are out there, and what he's seeing in the general economy right now.
Read more: <a href="https://www.bloomberg.com/news/articles/2025-03-20/qxo-agrees-to-acquire-beacon-roofing-supply-in-11-billion-deal?utm_medium=referral&amp;utm_source=podcast&amp;utm_campaign=odd_lots&amp;utm_content=article" data-prosemirror-content-type="mark" data-prosemirror-mark-name="link">QXO Agrees to Acquire Beacon Roofing Supply in $11 Billion Deal</a> <a href="https://www.bloomberg.com/news/articles/2025-03-25/affordable-housing-renovations-stalled-by-blocked-trump-administration-grants?utm_medium=referral&amp;utm_source=podcast&amp;utm_campaign=odd_lots&amp;utm_content=article" data-prosemirror-content-type="mark" data-prosemirror-mark-name="link">Affordable Housing Developers Stalled by Blocked Federal Funds</a>
Only <a href="http://Bloomberg.com" data-inline-card="" data-card-data="" data-prosemirror-content-type="node" data-prosemirror-node-name="inlineCard" data-prosemirror-node-inline="true">http://Bloomberg.com</a> subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at&nbsp; <a href="https://www.bloomberg.com/subscriptions/oddlots?in_source=oddlotspodcast" data-prosemirror-content-type="mark" data-prosemirror-mark-name="link">bloomberg.com/subscriptions/oddlots</a>

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Tuesday and Thursday for interviews with the most interesting minds in finance, economics and markets.

Odd Lots

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday. 

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday.

Why Brad Jacobs Is Spending $11 Billion on a Roofing Supply Business

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8af4e7a2-9f0f-4c6a-a464-b2ac00f08557/transcript

Advertisement