1

QXO

QXO is a technology solutions provider offering software, consulting, and automation services for the building products distribution industry.

Categories

Technology  

#2546

Rank

$5.5B

Marketcap

US United States

Country

QXO
Leadership team

Brad Jacobs (Chairman and Chief Executive Officer)

Josephine Berisha  (Chief Human Resources Officer)

Joe Checkler  (Senior Vice President, Communications)

Jeff England  (Chief Supply Chain Officer)

Ihsan Essaid  (Chief Financial Officer)

Matt Fassler  (Chief Strategy Officer)

Austin Landow  (Executive Vice President)

Mark Manduca (Chief Investment Officer)

Eduardo Pelleissone  (Chief Transformation Officer)

Ashwin Rao  (Chief Artificial Intelligence Officer)

Luke Scott  ( Executive Vice President, Sales and Operations Enablement)

Chris Signorello (Chief Legal Officer)

Sean Smith  (Chief Accounting Officer and Deputy CFO)

Industries

Technology

Products/ Services
Business application software, AI solutions, consulting, enterprise resource planning, warehouse management, customer relationship management, financial reporting, supply chain automation, and technical support.
Number of Employees
50 - 100
Established
2002
Company Type
Public Limited Company
Traded as
QXO
Social Media
Overview
Location
Summary

QXO is a technology solutions provider focusing on the manufacturing, distribution, and service sectors. It offers consulting, professional services, programming, training, and technical support. The company is a value-added reseller of business application software, including accounting, financial reporting, enterprise resource planning, customer relationship management, and warehouse management systems. Additionally, QXO develops and publishes its proprietary software.

 

QXO aims to become a leading technology-driven company in the $800 billion building products distribution industry. The company plans to achieve tens of billions of dollars in annual revenue within the next decade through acquisitions and organic growth. The building products distribution sector has limited technology adoption, particularly in artificial intelligence and B2B e-commerce. QXO sees this as an opportunity to enhance customer experience, improve sales, and expand margins.

 

E-commerce accounts for a small percentage of total revenue in the industry, with expectations to triple by 2030. Technology adoption can transform distribution businesses through price optimisation, demand forecasting, warehouse automation, inventory management, delivery route planning, and supply chain visibility.

 

The building products distribution sector has about 7,000 distributors in North America and 13,000 in Europe. It serves residential, nonresidential, industrial, and infrastructure markets. The industry has experienced an average annual revenue growth of 7% in the past five years. A housing supply shortage and infrastructure needs present long-term growth potential.

 

QXO is led by Chairman and CEO Brad Jacobs, who has built five publicly traded companies, including XPO, GXO, RXO, United Rentals, and United Waste Systems. The company has a leadership team with expertise in supply chain, AI, finance, and strategy. The board includes experienced professionals from various industries. QXO will announce additional leadership appointments, including a chief technology officer, in the future.

History

QXO was established as a technology solutions provider focused on serving clients in the manufacturing, distribution, and service industries. The company began by offering consulting, professional services, specialised programming, training, and technical support. Over time, it expanded its services to include business application software solutions such as accounting, financial reporting, enterprise resource planning, warehouse management, customer relationship management, and business intelligence. Additionally, QXO developed and published its proprietary software to meet the specific needs of its clients.

 

The company set its focus on the building products distribution industry, which is valued at approximately $800 billion. Recognising the sector’s limited use of advanced technology, particularly artificial intelligence and B2B e-commerce, QXO aimed to introduce digital transformation. The company outlined a long-term growth strategy to achieve tens of billions of dollars in annual revenue through acquisitions and organic expansion. Industry data indicated that e-commerce contributed a small percentage of total revenue in the sector but was expected to triple by 2030. QXO planned to leverage technology to enhance price optimisation, demand forecasting, warehouse automation, inventory management, delivery route planning, supply chain visibility, and digital customer connectivity.

 

The building products distribution industry consists of approximately 7,000 distributors in North America and 13,000 in Europe, serving various markets, including residential, nonresidential, industrial, and infrastructure projects. The sector experienced a compound annual revenue growth of 7% over the past five years. Housing shortages and infrastructure requirements were expected to drive further demand. QXO positioned itself to take advantage of these opportunities by integrating technology and scaling its operations.

 

QXO is led by Brad Jacobs, who previously built five publicly traded companies, including XPO, GXO, RXO, United Rentals, and United Waste Systems. Jacobs and his teams have completed approximately 500 acquisitions across different industries, establishing expertise in integrating businesses and creating value. The leadership team at QXO includes professionals with experience in supply chain management, artificial intelligence, finance, and strategic operations. The company’s board of directors consists of industry experts, and further leadership appointments, including a chief technology officer, are expected to be announced.

 

QXO continues to implement its strategy of growth through acquisitions and technological advancements. By focusing on digital transformation in the distribution industry, the company aims to improve operational efficiency, enhance customer service, and generate shareholder value. QXO remains committed to leveraging technology to modernise the sector and expand its market presence.

Mission

QXO’s mission is to use technology to improve efficiency in the building products distribution industry. The company provides software and digital solutions to help businesses manage their operations, optimise pricing, forecast demand, and automate warehouses. By integrating artificial intelligence and B2B e-commerce, QXO aims to modernise distribution processes, enhance customer service, and support business growth. Through acquisitions and innovation, the company seeks to expand its reach and provide value-added services. QXO is committed to building a scalable and technology-driven business that benefits customers, employees, and shareholders while improving industry standards through digital transformation.

Vision

QXO’s vision is to become a leader in the building products distribution industry by using advanced technology. The company aims to drive change in a sector that has limited digital adoption. By integrating artificial intelligence, automation, and data-driven solutions, QXO seeks to improve customer experience, increase efficiency, and create new growth opportunities. The company envisions a future where distributors benefit from seamless digital processes, optimised supply chains, and greater business insights. QXO is focused on long-term expansion through technology and acquisitions, ensuring sustainable growth and market leadership while delivering consistent value to stakeholders.

Key Team

Brad Jacobs (Chairman and Chief Executive Officer)

Josephine Berisha (Chief Human Resources Officer)

Joe Checkler (Senior Vice President, Communications)

Jeff England (Chief Supply Chain Officer)

Ihsan Essaid ( Chief Financial Officer)

Matt Fassler (Chief Strategy Officer)

Austin Landow ( Executive Vice President)

Mark Manduca (Chief Investment Officer)

Eduardo Pelleissone (Chief Transformation Officer)

Ashwin Rao (Chief Artificial Intelligence Officer)

Luke Scott ( Executive Vice President, Sales and Operations Enablement)

Chris Signorello (Chief Legal Officer)

Sean Smith (Chief Accounting Officer and Deputy Chief Financial Officer)

Recognition and Awards

QXO, founded in 2002, has gained recognition for its innovative approach to technology in the distribution industry. Its leadership team, led by Brad Jacobs, has a proven history of success. Jacobs has built and led major publicly traded companies, including XPO, GXO, and United Rentals, which have received industry recognition for growth, innovation, and operational excellence. QXO’s focus on AI, automation, and digital transformation positions it as a leader in the building products distribution sector. As the company expands, it is expected to gain industry recognition for its contributions.

 

Products and Services

QXO provides a wide range of technology solutions and services designed to support businesses in the manufacturing, distribution, and service industries. The company offers software products, consulting, professional services, training, and technical support. It serves clients by helping them improve efficiency, optimise operations, and adopt digital solutions that enhance their business processes.

 

One of QXO’s key areas of focus is business application software. The company acts as a value-added reseller of software solutions for accounting, financial reporting, enterprise resource planning (ERP), warehouse management systems (WMS), customer relationship management (CRM), and business intelligence. These solutions help businesses manage their financials, track inventory, streamline supply chain operations, and improve customer relationships. Additionally, QXO develops and publishes its proprietary software tailored to the needs of its clients, providing customised solutions that address specific business challenges.

 

QXO’s consulting and professional services help businesses implement and optimise their technology solutions. The company provides expert guidance on digital transformation strategies, software selection, system integration, and process automation. Through these services, QXO ensures that businesses can adopt the right technology to improve performance and reduce costs. The company’s consulting teams work closely with clients to understand their operational challenges and develop technology-driven solutions that enhance productivity.

 

The company also offers specialised programming services, allowing businesses to customise their software applications based on their requirements. These services include developing new features, modifying existing functionalities, and integrating software with other business systems. QXO’s programming expertise ensures that businesses can maximise the value of their technology investments and achieve operational efficiency.

 

Training and technical support are essential components of QXO’s service offerings. The company provides training programmes to help employees learn how to use business software effectively. These programmes include online courses, workshops, and on-site training sessions. Additionally, QXO offers ongoing technical support to assist businesses with software troubleshooting, updates, and system maintenance. The company’s support teams ensure that businesses can resolve technical issues quickly and minimise downtime.

 

QXO is focused on transforming the building products distribution industry through technology. The company aims to introduce artificial intelligence and B2B e-commerce solutions to improve efficiency, optimise pricing, and enhance customer experiences. AI-driven solutions enable businesses to forecast demand, automate inventory management, and plan delivery routes more effectively. These technologies help distributors reduce costs, improve accuracy, and increase overall productivity.

 

The company also provides solutions for warehouse automation and robotics. These technologies help businesses manage inventory, track shipments, and streamline logistics operations. Automated systems improve order processing speeds and reduce errors, ensuring that customers receive their products on time.

 

QXO’s end-to-end digital connectivity solutions allow distributors to integrate their operations with suppliers, customers, and logistics partners. These solutions improve supply chain visibility, enhance communication, and enable businesses to make data-driven decisions. The company’s technology platforms support real-time monitoring of inventory levels, order statuses, and shipment tracking.

References

Dive deeper into fresh insights across Business, Industry Leaders and Influencers, Organizations, Education, and Investors for a comprehensive view.

QXO
Leadership team

Brad Jacobs (Chairman and Chief Executive Officer)

Josephine Berisha  (Chief Human Resources Officer)

Joe Checkler  (Senior Vice President, Communications)

Jeff England  (Chief Supply Chain Officer)

Ihsan Essaid  (Chief Financial Officer)

Matt Fassler  (Chief Strategy Officer)

Austin Landow  (Executive Vice President)

Mark Manduca (Chief Investment Officer)

Eduardo Pelleissone  (Chief Transformation Officer)

Ashwin Rao  (Chief Artificial Intelligence Officer)

Luke Scott  ( Executive Vice President, Sales and Operations Enablement)

Chris Signorello (Chief Legal Officer)

Sean Smith  (Chief Accounting Officer and Deputy CFO)

Industries

Technology

Products/ Services
Business application software, AI solutions, consulting, enterprise resource planning, warehouse management, customer relationship management, financial reporting, supply chain automation, and technical support.
Number of Employees
50 - 100
Established
2002
Company Type
Public Limited Company
Traded as
QXO
Social Media