Who's buying whom in building supply: the acquisitions and private-equity deals consolidating the industry, from $17B mega-mergers to single-branch roll-ups, plus AI's march into construction, the latest from Anthropic and OpenAI, and the macro and earnings behind it all.
Updated Oct 22, 2026 · headlines link to the original publishers
WESCO International is rated a buy, driven by robust data center demand and a strategic acquisition expanding its service portfolio. Read more on WCC stock here.
Read at Seeking Alpha →Founded in 1971 and headquartered in Concord, New Hampshire, The Granite Group is a third-generation, family-led distributor serving customers across seven states in New Hampshire, Vermont, Maine, ...
Read at Markets Insider →Rexel has agreed to acquire GCG from Audax Private Equity, expanding its specialty wire and cable distribution capabilities across data centers, power infrastructure, defense and other ...
Read at Pulse 2.0 →GCG, a leading specialty wire & cable distribution platform delivering value-added solutions for critical applications, announced today that Rexel, a publicly held distributor of products and services ...
Read at Yahoo Finance →PrimeSource Brands, a North American provider of specialty branded building products backed by Clearlake Capital Group, L.P. ("Clearlake"), announced today that it has acquired Durst Corporation, Inc.
Read at Yahoo Finance →Watsco has agreed to acquire The Granite Group, a diversified distributor of plumbing and HVAC products with approximately $500 million in annual sales, expanding Watsco’s presence across the ...
Read at Pulse 2.0 →Plumbing Distribution Footprint Expands — The acquisition adds scale, product diversification and geographic density to Watsco’s plumbing business Granite Will Remain Independent — Existing management ...
Read at CONTRACTOR →Founded in 1971 and headquartered in Concord, New Hampshire, The Granite Group is a third-generation, family-led distributor serving customers across seven states in New Hampshire, Vermont, Maine, ...
Read at Taiwan News →White Cap has expanded its operations and strengthened its specialty construction supply capabilities by acquiring Ace Contractors Supply, a key industry player known for its extensive offerings in ...
Read at Pulse 2.0 →Should OpenAI command an over $1 trillion valuation with this round, it would break records as the mostly highly valued private company ever.
Read at TechCrunch on MSN →In the most recent trading session, Core & Main (CNM) closed at $42.33, indicating a +2.17% shift from the previous trading day.
Read at Yahoo Finance →CNBC's Kate Rooney joins 'Closing Bell Overtime' with breaking news on OpenAI funding.
Read at CNBC on MSN →What happened? Shares of equipment distributor Watsco (NYSE:WSO) jumped 7.7% in the afternoon session after the company announced that it signed a five-year $750 million unsecured senior revolving ...
Read at StockStory.org on MSN →Analyst Ryan Merkel said the outlook for the housing market has deteriorated significantly since William Blair initiated coverage of Builders FirstSource ( BLDR) in February. The average 30-year fixed ...
Read at Seeking Alpha →Announced at the company’s developer day on September 29, the Decisions API became available to all customers on Thursday. OpenAI added new voice and visual modalities to the public version, and ...
Read at TechCrunch →Sam Altman says mathematicians went through something similar to the five stages of grief after OpenAI's models started solving longstanding problems.
Read at Insider on MSN →Builders FirstSource has an average rating of overweight and mean price target of $69.43, according to analysts polled by FactSet.
Read at MarketScreener →Graybar, a leading distributor of electrical, industrial, automation and connectivity products and provider of related supply chain management and logistics services, has been named one of Forbes' ...
Read at Yahoo Finance →Anthropic introduces Claude Duet, a proactive AI agent that automates business tasks across connected apps. Explore its features, limitations and availability.
Read at TechRepublic →Artificial Intelligence Technology Solutions Inc. announced that its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), has secured recent orders for twelve devices across its RIO™ Mini, ...
Read at Fintel on MSN →Anthropic is growing rapidly, but over the long term, it will take more than top-line expansion to justify a $2 trillion IPO valuation.
Read at AOL →Borrowings under the five-year $750 million unsecured credit facility were used to repay outstanding borrowings of $69.7 million under the prior credit facility. Any additional borrowings will be used ...
Read at Markets Insider →Fastenal just cleared its August 11 peak with a $52.49 close, a fresh 52-week high for the $60 billion distributor. The stock has climbed roughly 35% off last November's $38.91 low, and there's no ...
Read at 24/7 Wall St. →For all the hype about machines, AI runs on concrete and steel, and the “traditional” construction industry may be the one deciding how fast it grows.
Read at CIO →According to a Berkeley Research Group survey, artificial intelligence has not led to significant headcount reductions, though construction lagged other industries on policies for human oversight.
Read at Yahoo Finance →Builders FirstSource's (BLDR) permits data is more indicative of the underlying single-family trend than housing starts which can be highly volatile from month-to-month, BofA Secu ...
Read at Yahoo Finance →WESCO International (NYSE:WCC) gets a neutral rating cut, yet strong quarterly results and broad bullish coverage keep sentiment steady.
Read at Kalkine Media →The housing industry continues to struggle from the weight of high interest rates as data like Housing Starts and Pending Home Sales have shown this week.
Read at Seeking Alpha →IntroductionTo everyone working in the construction industry, thank you for your hard work today!Have you noticed an increase in news stories about cyberattacks and data breaches lately?“Aren't ...
Read at note →Evaluate Fastenal's (FAST) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
Read at Yahoo Finance →M/M to a seasonally adjusted annual rate of 1.221M vs. 1.305M consensus and 1.288M prior (revised from 1.275M), according to data released by the U.S. Census Bureau on Tuesday.
Read at Seeking Alpha →Housing starts fell 5.2% in September to 1.221 million. Economists had expected a reading of 1.3 million and for starts to rise 2% over the month.
Read at The Wall Street Journal on MSN →WASHINGTON, Oct 20 (Reuters) - US single-family homebuilding and permits for future construction fell sharply in September as higher mortgage rates suppressed demand, suggesting residential investment ...
Read at Reuters on MSN →US single-family homebuilding fell sharply in September and permits for future construction tumbled to a 3-1/2-year low as higher mortgage rates suppressed demand, suggesting residential investment ...
Read at Miami Herald →Kodiak Foundation's final charity golf tournament raised $650,000 for Veterans Community Project. Learn how this event concluded the foundation's legacy of giving back.
Read at LBM Journal →QXO Inc. (NYSE:QXO) reported $14.54 million in revenue in its second quarter two years earlier, when it was still mostly a software and services company. In the second quarter of 2026, it reported $3.
Read at Yahoo Finance →Oct 19, 2026, Clear Lake, IA– Echo Electric, a Sonepar company, has relocated its Mason City branch to a new 22,000-square-foot facility in Clear Lake. The move gives the branch three times more space ...
Read at Markets Insider →Sioux Falls, Oct. 19, 2026 (GLOBE NEWSWIRE) -- Oct 19, 2026, Sioux Falls, SD– Echo Electric, a Sonepar company, opened a new branch in Sioux Falls, South Dakota. The grand opening will event will take ...
Read at Markets Insider →QXO, Inc. is overvalued at $10.64, with intrinsic value estimated at $6.92 per share, 35% lower. Click here to read an analysis of QXO stock now.
Read at Seeking Alpha →America’s race to build computing infrastructure for artificial intelligence is encountering financing pressures, construction setbacks and local opposition. The difficulties are testing whether ...
Read at Seeking Alpha on MSN →This continues to be a year of recovery for the U.S. manufacturing sector, with the Institute for Supply Management's Purchasing Managers' Index (PMI) indicating solid expansion every month this year, ...
Read at The Motley Fool →Why QXO’s Expansion Faces a Housing Test QXO, Inc. (NYSE:QXO) has built a substantially larger building products business just as the housing market is losing momentum. Its July 1, 2026, purchase of ...
Read at Yahoo Finance →Fastenal remains a fundamentally strong, well-run industrial distributor with robust growth and a solid balance sheet. Learn why FAST stock is a hold.
Read at Seeking Alpha →Graybar was one of just three distributors with more than 2,500 employees recognized with this award. "Employee ownership is at the heart of Graybar's culture," said Kathleen M. Mazzarella, Graybar's ...
Read at TMCnet →A Cleveland plumbing exec allegedly stole $5 million through fake invoices and phantom sales. Now he faces federal fraud charges.
Read at Hoodline →America faces a housing affordability crisis, and rising construction costs make it harder to build homes families can afford. Vosik today launched software that analyzes home builders’ purchasing ...
Read at Yahoo Finance →John Siefert, of Highland Heights, faces two counts of wire fraud and one count of filing a false tax return in federal court.
Read at cleveland.com →Watsco, Inc. (NYSE:WSO) distributes heating, cooling, and refrigeration equipment, parts, and supplies to contractors across North America. It earns a margin by purchasing from manufacturers and ...
Read at Yahoo Finance →Across industries, AI is moving beyond generating insights to interacting with the physical world. In construction, AI capabilities include autonomous equipment that adapts to changing site conditions ...
Read at Fast Company →Construction leaders have rarely been more optimistic about technology’s role in business performance. Across the industry, executives increasingly view technology as a way to reduce costs, improve ...
Read at Construction Executive →ABC Supply Co., Inc., the largest wholesale distributor of roofing, select exterior and interior building products, and outdoor solutions in North America, has announced that Chief Information Officer ...
Read at Yahoo Finance →DALLAS, Aug. 4, 2026 /PRNewswire/ -- Vector Building Products ("Vector"), a specialty building products distributor serving non-residential markets across North America, announced the acquisition of ...
Read at Morningstar%2c Inc. →U.S. construction spending rose 0.9% in August, exceeding economists’ expectations for no change. Private nonresidential construction increased 1.0%, led by a 4.6% surge in office spending and a 0.9% ...
Read at Finance & Commerce →Graybar has entered into an agreement to acquire Samson Electrical Supply, a New Jersey-based distributor of electrical products and related equipment. The transaction is expected to close in early ...
Read at Pulse 2.0 →ST. LOUIS, July 17, 2026 /PRNewswire/ -- Graybar, a leading distributor of electrical, industrial, automation and connectivity products and provider of related supply chain management and logistics ...
Read at Yahoo Finance →Let’s dig into the relative performance of Core & Main (NYSE:CNM) and its peers as we unravel the now-completed Q2 industrial distributors earnings season.
Read at Yahoo Finance →ABC Supply Co., Inc., the largest wholesale distributor of roofing, select exterior and interior building products, and outdoor solutions in North America, today announced that Chief Executive Officer ...
Read at AOL →FOSTER CITY, Calif., June 18, 2026 /PRNewswire/ -- Ridgeline Roofing & Restoration ("Ridgeline" or the "Company"), a provider of residential and commercial roofing solutions, has acquired Freedom ...
Read at Yahoo Finance →Charleston, SC, Aug. 12, 2026 (GLOBE NEWSWIRE)-- Sonepar has been recognized by Disability:IN as one of the world's top 2026 Disability Inclusive Businesses for the third consecutive year, ...
Read at Yahoo Finance →ATLANTA, Aug. 6, 2026 /PRNewswire/ -- White Cap, a leading distributor of specialty construction supplies and safety products for professional contractors, celebrated the grand opening of its ...
Read at Yahoo Finance →MIAMI — Watsco Inc. has completed the acquisition of Jackson Supply Co., an HVAC distributor with $230 million in sales in 2025. The deal expands Watsco’s footprint as the company maintains a market ...
Read at ACHR News →Lumber, an AI-powered construction workforce management platform, announced the acquisition of Pivla, a construction-focused AI company specializing in prevailing wage and apprenticeship compliance, ...
Read at Pulse 2.0 →To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The Clayton-based distributor of ...
Read at The Business Journals →Graybar, a leading distributor of electrical, industrial, automation, and connectivity products, has announced plans to acquire American Electric Supply, a Southern California-based electrical ...
Read at Pulse 2.0 →Graybar plans to acquire American Electric Supply, a Corona, Calif.-based wholesale distributor of electrical products. The St. Louis-based connectivity products distributor said Tuesday it is still ...
Read at MarketWatch →SRS Distribution, a subsidiary of The Home Depot, has completed the acquisition of Mingledorff’s, a leading wholesale distributor of heating, ventilation, and air conditioning equipment, parts, and ...
Read at Pulse 2.0 →US construction spending rose by 0.1% in May, as expected in a survey compiled by Bloomberg and following a 0.4% increase in April. Private residential construction rose by 0.3%, with single-family ...
Read at Yahoo Finance →Artificial intelligence integration is accelerating from pilot projects to day-to-day use across the construction industry. Owners, contractors, design professionals and subcontractors are using AI to ...
Read at JD Supra →Rexel stock is quiet on Sunday, but the French electrical distributor remains a key player in global energy and automation supply. This background piece explains the group’s business model, geographic ...
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Read at Yahoo Finance →QXO announced it has entered into a definitive agreement to acquire TopBuild for approximately $17 billion, significantly expanding its scale across the building products value chain. The transaction, ...
Read at Pulse 2.0 →April 19 (Reuters) - U.S. construction supplies distributor QXO struck a $17 billion deal on Sunday to acquire building products distributor and installer TopBuild, adding to a wave of acquisitions ...
Read at U.S. News & World Report →The nation’s largest home-improvement retailer will suddenly become a big player in HVAC distribution if its bid to buy a major wholesaler is successful. The Home Depot subsidiary SRS Distribution Inc ...
Read at ACHR News →QXO, Inc. (QXO) announced on Wednesday that it has completed its acquisition of Kodiak Building Partners from Court Square Capital Partners. The company said the deal price for the Colorado-based ...
Read at MSN →Home Depot subsidiary SRS Distribution has agreed to acquire Mingledorff’s, a wholesale distributor of heating, ventilation and air conditioning (HVAC) equipment, parts and supplies. The deal is ...
Read at Retail TouchPoints →Expands Distribution Offerings and Capabilities for Pro Customers, Increases The Home Depot's Total Addressable Market to $1.2 Trillion The Home Depot is building differentiated offerings and ...
Read at Nasdaq →TopBuild, a leading installer of insulation and commercial roofing and a specialty distributor of insulation and related building products in the United States and Canada, has entered into an ...
Read at Pulse 2.0 →The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for ...
Read at Yahoo Finance →Building products distributor QXO said it would acquire insulation firm TopBuild Corp. for $17 billion. QXO said in a statement on Sunday that the move would significantly expand its scale and ...
Read at MSN →US-based building products distributor QXO has agreed to acquire Kodiak Building Partners from Court Square Capital Partners for about $2.25bn. The deal includes $2bn in cash alongside 13.2 million ...
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