QXO’s Jacobs Sees TopBuild Deal as Key Step to $50 Billion Path

QXO Inc.’s Brad Jacobs talked up the planned acquisition of TopBuild Corp. as a key step toward expanding his building-products distributor into an industry behemoth with $50 billion in sales.

“We’re looking at every aspect of building products,” Jacobs, QXO’s billionaire chief executive officer, said Monday in a Bloomberg Television interview. “There is no part of building products that is off the table for us.”