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Odd Lots
How Brad Jacobs Will Invest $4.5 Billion to Reshape Building Supplies
Jul 2, 2024
Brad Jacobs, an experienced entrepreneur in the building supplies industry, discusses his $4.5 billion investment to reshape the sector. He shares insights on his acquisition strategy, the role of technology, and his plans for the future of his company. Jacobs also explores trends in the building supplies industry and reflects on his past experiences in acquiring companies.
48:26
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Quick takeaways
- QXO aims to reshape the building supplies market through strategic acquisitions with $4.5 billion.
- Focus on technology, inventory management, and customer satisfaction to streamline building materials operations.
Deep dives
Brad Jacobs' Strategic Acquisitions with QXO
Brad Jacobs, chairman and CEO of QXO, discusses his company's strategic acquisitions within the building supply distribution industry. After raising four and a half billion dollars, Jacobs emphasizes the importance of talent, fast decision-making, and M&A strategies to build a powerhouse company. He highlights the significance of having top-notch employees and a focused approach to acquisitions in order to create a consolidated and efficient business model.
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