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Home Depot announced Thursday it is buying SRS Distribution in an $18 billion deal it hopes will attract more pro customers and contractors.
Home Depot acquires SRS Distribution in $18 billion purchase to attract more pro customers
Shares of Home Depot slipped Thursday after the home-improvement retailer announced it would by SRS Distribution for $18.25 billion including debt in the company’s biggest-ever acquisition.SRS, owned ...
Home Depot to Acquire Pro Contractor-Focused SRS Distribution for $18.25 Billion
Pending home sales in the U.S. rose 1.6% in February, spurred by modest inventory increases and job gains, a report on Thursday said. The National Association of Realtors (NAR) Pending Home Sales ...
U.S. pending home sales increase moderately, NAR says
Home Depot on Thursday agreed to buy building materials supplier SRS Distribution for around $18.25 billion from private equity firms Leonard Green & Partners and Berkshire Partners.
Home Depot paying $18 billion to buy SRS Distribution
Key Takeaways Home Depot is acquiring SRS Distribution, which sells and distributes construction materials like roofing supplies to a network of contractors.The deal, valued at $18.25 billion, could ...
Home Depot Buys SRS Distribution for $18.25B in Move To Expand Pro Market
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McKinney-based SRS is the largest network of independent distributor brands in the U.S., providing materials to landscaping, pool and roofing contractors.