The Home Depot Completes Acquisition of SRS Distribution to Expand Market Reach
Acquiring Company
Home Depot
Acquired Company
SRS Distribution
AtlantaMcKinneyCommerce and ShoppingRetailConstructionBuilding MaterialDescription
The Home Depot has successfully completed the acquisition of SRS Distribution for a total enterprise value of approximately $18.25 billion. This strategic acquisition will significantly increase The Home Depot's total addressable market and accelerate its growth with the residential professional customer, establishing The Home Depot as a leading specialty trade distributor across multiple verticals.
Quick answer
Home Depot is acquiring SRS Distribution, announced June 18, 2024. Home Depot is based in Atlanta, Georgia, United States.
- How much did Home Depot pay for SRS Distribution?
- The deal value was not disclosed.
- What does Home Depot do?
- Home Depot Inc is the largest home improvement retailer in the United States, supplying a wide range of construction products, tools, and services.
- Where are Home Depot and SRS Distribution based?
- Home Depot is based in Atlanta, Georgia, United States. SRS Distribution is based in McKinney, Texas, United States.
- Who are the decision-makers at Home Depot?
- Fundz holds 2 contacts at Home Depot. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Commerce and Shopping and Retail
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Cornerstone Building Brands completes acquisition of Mueller Supply Company to strengthen its position in the residential metal roofing market (July 16, 2024)
- Saint-Gobain Construction Chemicals completes acquisition of WinChem Middle East Chemical Industries LLC to strengthen presence in UAE (July 15, 2024)
- The Cook & Boardman Group LLC acquires OKEE Industries, Builders Hardware Inc., Construction Hardware, and Hardware Specialties to expand nationwide total opening solutions (June 28, 2024)
- The Home Depot completes acquisition of SRS Distribution, Inc. to expand market presence (June 26, 2024)
- Granite acquires Lehman-Roberts and Memphis Stone & Gravel to expand home market strategy into Memphis Metropolitan and Northern Mississippi area (May 23, 2024)
- White Cap completes acquisition of WWJ Rebar to expand rebar fabrication operations in the Southeast (May 22, 2024)
Who to call at Home Depot, and when
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Frequently asked
Who acquired SRS Distribution?
SRS Distribution was acquired by Home Depot, based in Atlanta. The deal was reported on June 18, 2024. Home Depot Inc is the largest home improvement retailer in the United States, supplying a wide range of construction products, tools, and services. Home Depot is publicly traded (HD) and operates in Commerce and Shopping.
When did Home Depot acquire SRS Distribution?
Home Depot's acquisition of SRS Distribution was reported on June 18, 2024. The Home Depot has successfully completed the acquisition of SRS Distribution for a total enterprise value of approximately $18.25 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does SRS Distribution do?
Founded in 2008 and headquartered in McKinney, Texas, SRS Distribution has grown to become one of the largest and fastest growing building products distributors in the United States. It is privately held, operating in Building Material, and is based in McKinney.
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