XBE has acquired PriceBee, strengthening its offerings to construction materials companies through the integration of PriceBee’s advanced pricing intelligence and quoting functionalities. The acquisition closed on March 3, 2025.

AcquirerTargetValueTypeClosing Date
XBEPriceBeeUndisclosedacquisition2025-03-03

The deal was advised by Banneker Partners on the buy-side. The acquisition aims to enable construction materials companies to optimize their operations and profitability through enhanced pricing, quoting, and planned ordering capabilities.

Deal Mechanics

XBE acquired PriceBee’s suite of tools designed for construction materials firms looking to streamline and enhance their supply chain operations. This includes advanced pricing intelligence and automated quoting workflows aimed at improving customer experience while reducing operational costs.

Strategic Rationale

The acquisition allows XBE to offer an end-to-end solution that integrates seamlessly with existing business processes, from initial quotation through order fulfillment and delivery optimization. By incorporating PriceBee’s capabilities, XBE is better positioned to address the specific needs of construction materials companies who face unique challenges in managing supply chain logistics.

Financial Context

XBE is a leading provider of solutions for construction material firms, and this acquisition represents its latest move to expand its portfolio. The terms of the deal were not disclosed due to confidentiality agreements between both parties.

Outlook

The integration of PriceBee’s technology into XBE’s existing suite is expected to enhance customer satisfaction and operational efficiency, reinforcing XBE's market leadership in providing comprehensive solutions for construction materials companies.