MidCap Financial Investment Corporation acquires QXO
MidCap Financial Investment Corporation agreed to acquire QXO. Reported deal value: $1.2B. Status: Announced. Sector: Building Products Distribution. Target headquarters context: Greenwich, Connecticut, United States.
This page summarizes publicly available information about the transaction as of 2026-01-06. Figures and status may change as filings and press coverage update.
announced that funds managed by Apollo Global Management and other investors agreed to invest up to $1.2 billion in a new Series C convertible perpetual preferred stock, structured as a private placement, to finance one or more large acquisitions
Deal timeline
This transaction is classified in Building Products Distribution with a reported deal value of $1.2B. Figures and status may change as sources update.