{"id":87442,"date":"2024-04-03T08:20:32","date_gmt":"2024-04-03T08:20:32","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/home-depot-to-acquire-srs-distribution-for-18-billion\/"},"modified":"2025-09-19T09:01:47","modified_gmt":"2025-09-19T09:01:47","slug":"home-depot-to-acquire-srs-distribution-for-18-billion","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/home-depot-to-acquire-srs-distribution-for-18-billion\/","title":{"rendered":"Home Depot to acquire SRS Distribution for $18 billion"},"content":{"rendered":"

The Home Depot, the world's largest home improvement retailer, has entered into a definitive agreement to acquire SRS Distribution Inc. <\/span>, a leading residential specialty trade distribution company across several verticals serving the professional roofer, landscaper and pool contractor.<\/p>\n

SRS will accelerate The Home Depot's growth with the residential professional customer. SRS complements The Home Depot's capabilities and will enable the company to better serve complex project purchase occasions with the renovator\/remodeler, while also establishing The Home Depot as a leading specialty trade distributor across multiple verticals.<\/p>\n

With this acquisition, The Home Depot now believes its total addressable market is approximately $1 trillion, an increase of approximately $50 billion.<\/p>\n

SRS's 2,500-plus professional sales force and 760-plus branch network across 47 states, together with its 4,000-plus truck fleet and jobsite delivery capabilities, will enable The Home Depot to extend its offering to residential specialty trade pros while better serving renovator\/remodelers.<\/p>\n

Under the terms of the merger agreement, a subsidiary of The Home Depot will acquire SRS for a total enterprise value (including net debt) of approximately $18.25 billion. The closing of the acquisition is subject to customary closing conditions, including regulatory approvals, and is expected to be completed by the end of fiscal 2024. The transaction is expected to be funded through cash on hand and debt.<\/p>","protected":false},"excerpt":{"rendered":"

The Home Depot, the world’s largest home improvement retailer, has entered into a definitive agreement to acquire SRS Distribution Inc. , a leading residential specialty trade distribution company across several verticals serving the professional roofer, landscaper and pool contractor. SRS … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":96272,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716],"tags":[],"class_list":["post-87442","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"\nHome Depot to acquire SRS Distribution for $18 billion - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/home-depot-to-acquire-srs-distribution-for-18-billion\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Home Depot to acquire SRS Distribution for $18 billion - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"The Home Depot, the world's largest home improvement retailer, has entered into a definitive agreement to acquire SRS Distribution Inc. , a leading residential specialty trade distribution company across several verticals serving the professional roofer, landscaper and pool contractor. 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