Jason Hall
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You take that, you combine it with XPO's access to capital, that's why this deal is happening.
There's a lot of money out there that wants to go along with Brad Jacobs,
That could be some secret sauce here, giving Top Build, paired with Jacobs, more firepower to expand into more markets, both organically and through other acquisitions.
Matt's absolutely right.
This is by far the biggest deal that Jacobs has made at QXO.
But it's now a player in multiple parts of the building distribution industry.
Before, its biggest business was roofing products.
The Kodiak deal got it into lumber and building materials.
Now it's in insulation.
I expect we're going to see further expansion into the other segments of the construction and building products distribution industry.
It's an $800 billion industry.
Again, I'm a shareholder because Jacobs does this.
He does this incredibly well.
He doesn't just build empires, he builds value for shareholders.
And we're going to see a very fragmented industry get consolidated more.
There's so much opportunity to do these kinds of deals.
Everybody was expecting another roofing business because that looked like that was where he was going to start.
And I think this caught a lot of people off guard.
And it's a reminder that the goal is just to take this fragmented industry and consolidate it in ways that make sense.
Now you get to cross-sell.