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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
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
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
To afford a typical starter home, buyers must now make $75,849, Redfin reported. That's an 87% jump from the income necessary in 2020.
Homebuyers need to earn 87% more than in pre-COVID years to afford a starter home, Redfin 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
With so many designs available, choosing the right wallpaper can feel overwhelming. But the interior designers Todd Nickey and Amy Kehoe, of the Los Angeles-based design firm Nickey Kehoe, make it ...
Choosing wallpaper for your home
SRS has been owned by private equity companies in recent years. Its senior managers led by CEO Dan Tinker are staying on after the acquisition.