$QXO Inc(QXO-B)$. has announced its intention to acquire GMS, Inc. in a $95.20 per share all-cash transaction. The acquisition would make QXO the largest publicly traded distributor of roofing, waterproofing, and complementary building products in the United States. This move is part of QXO's strategy to lead the $800 billion building products distribution industry, aiming for $50 billion in annual revenues within the next decade through acquisitions and organic growth. The offer is presented as a compelling opportunity for GMS investors, with QXO prepared to take the offer directly to GMS's shareholders if necessary. The financial advisory services for QXO are being provided by Goldman Sachs and Morgan Stanley, with legal counsel from Paul, Weiss, Rifkind, Wharton & Garrison LLP.