Kodiak Building Partners to join legacy Beacon as the next major building materials distributor to make up QXO. See details of the acquisition, expected to close in the second quarter of 2026.
Each of Wesco’s operating segments continued to record organic sales growth.
After a tariff-driven May-August slump, orders accelerated throughout the rest of 2025 and entered 2026 with underlying momentum.
That’s despite a small monthly downtick in the portion of in-market locations reporting growth, meaning Fastenal got relatively more out of its biggest customers. Get our full breakdown of the January numbers here.
Fenco is the second investment for private equity-backed Averon, and it is actively pursuing others.
Private equity firm Exponent acquired U.K.-based Optimas International from its U.S.-based parent company Optimas Solutions.
The news comes just a few days after the bankrupt auto parts supplier said it would wind down operations at several of its key brands.
White Cap is owned by PE firm CD&R, and Colony by Audax Private Equity. It will net White Cap more than 60 new locations.
The bankrupt company said it has begun winding down parts of the business as part of its Chapter 11 restructuring, while continuing to operate and seek buyers for its remaining units.
The move diversifies Britton Lumber’s business into packaging and strengthens its presence in Massachusetts, Rhode Island and Connecticut.
AIT added a like distributor with about $20 million in annual revenue, while encouraging financials led to raising the lower end of the company’s guidance.
Metalforming manufacturers indicated month-to-month improvement in their January outlook survey for near-term business conditions, incoming orders and shipping levels.
