Virginia Fortune 500 company agrees to $11B buyout
Herndon-based Fortune 500 company Beacon Roofing Supply has agreed to an $11 billion buyout by Connecticut software and professional services company QXO after previously rebuffing a slightly lower offer from the same suitor. The two businesses have entered into a definitive merger agreement with QXO purchasing the building supply company for $124.35 per share in […]
Beacon Roofing is target of $11B acquisition bid
Herndon-based Fortune 500 company Beacon Roofing Supply is in discussions to be acquired by Connecticut software and tech services company QXO in a deal valued at about $11 billion. “It’s not a done deal yet, but we’re in friendly discussions,” Joe Checkler, a spokesperson for QXO, said of the move to acquire Beacon, a roofing […]
Real Estate 2023: JULIAN G. FRANCIS
Francis joined Beacon Roofing Supply, a Fortune 500 distributor of roofing material and complementary building products, in 2019. Beacon has 7,400 employees and operates in all 50 U.S. states and in Canada. The United Kingdom native and two-time Swansea University graduate previously served as president of the insulation business at Owens Corning, a provider of […]