January Jumpstart builds on Sonepar’s national brand advertising campaign, Our Knowledge Is ELECTRIC, which launched across its U.S. brands in 2025.

FTAI said it will apply the same distribution and service framework to power generation.

The program is led by Dirk Beveridge, a well-known figure in the wholesale distribution sector, where he has built a national following through leadership

he company said it used the proceeds to replace existing debt, with remaining funds earmarked for general corporate purposes and potential acquisitions.

Irrigator Technical Training School is widely known in the green industry for its practical, field-oriented curriculum.

Galco, founded in 1975, is a global distributor and service provider of industrial automation products.

NEFCO is a specialty construction supply distributor headquartered in East Hartford, Connecticut, serving professional contractors and industrial customers across North America.

The move formalizes Jacobs’ shift away from the logistics businesses he built over the past decade and toward QXO.

The move marks a significant milestone for the Toledo-based company, which has been family-owned for more than 115 years.

The Columbia, Missouri-based company said industry veteran Ryan Keogh will become president and CEO effective Jan. 1.

The deals continue the company’s strategy of expanding its HVAC/R distribution capabilities in the United States, one of its fastest growing regions.

The Benchmark deal follows Turner’s 2024 acquisition of Alabama Industrial Distributors, based in Oxford, Ala.

For distributors, the stronger output leads to continued order flow across industrial and consumer markets.

Austen previously led Bemis Company, a global manufacturer of flexible packaging and pressure-sensitive materials, as president and CEO.

Home Depot has secured U.S. antitrust clearance for its $5.5 billion tender offer to acquire building materials distributor GMS Inc.