September M&A Roundup: Rexel, Watsco, ORS Lead the Way
Get our rundown of every deal we published during September, along with our updated monthly deal count and breakdown of year-to-date transactions by product category.
October 1, 2026
February saw a steady but unremarkable flow of M&A deals, including several MDM Top Distributors announcing or closing transactions during the month.
Both companies also acknowledged how many Beacon shares have been tendered as of Feb. 24 and gave opposing views on what it says about the offer.
Indiana-based distributor Franklin Electric enhances its market reach in Latin America with the addition of Barnes de Colombia, and in Australia with submersible pump OEM PumpENG.
See the detailed roster of directors QXO proposed, as well as Beacon’s prompt response.
It’s set to form a leading material handling and motion control supplier with annual revenues of about $2.1 billion.
Joining forces with Platinum will give R&B Wholesale additional financial and operational tools to enable growth, company officials said.
Get the latest on the standoff here, and insight onto where it might be headed.
As both sides continue to dig in, get the latest key takeaways from statements shared Feb. 6.
Dealmaking slowed at the start of the year compared to previous months and was down from January 2024’s 29 transactions.
QXO calls the agreement “shareholder-unfriendly” and a “poison pill”.
Along with its time-sensitive proposal, the building materials distribution platform went into great detail giving a rundown of talks with Beacon since they started this past summer.
Beacon acknowledged the tender offer and recommended that shareholders take no action at this time.
