Home Depot's SRS subsidiary acquired GMS for $4.3 billion to strengthen its penetration in the professional market with long-term payoff in the consumer market too.

Home Depot is acquiring building materials distributor GMS for $4.3 billion to strengthen its “Pro” contractor business and expand into drywall, ceilings, and steel framing. Analysts support ...

At the time, Home Depot said the acquisition expanded its total addressable market by $50 billion to about $1 trillion.

Home Depot is acquiring building materials distributor GMS for $4.3 billion to strengthen its “Pro” contractor business and expand into drywall, ceilings, and steel framing. Analysts support the ...

Home Depot goes after pro market with $4.3B acquisition The retailer has inked a deal for its SRS Distribution subsidiary to acquire GMS, which specializes in drywall, ceilings and steel framing.

Home Depot is acquiring building materials distributor GMS for $4.3 billion to strengthen its “Pro” contractor business and expand into drywall, ceilings, and steel framing. Analysts support the ...

Home Depot remains a top choice in the home improvement sector despite recent stock underperformance. Read why I rate HD ...

In April QXO completed its approximately $11 billion acquisition of Beacon Roofing Supply. The GMS transaction with Home Depot is expected to close by the end of fiscal 2025.

Home Depot is buying specialty building products distributor GMS for $4.3 billion, the second notable acquisition in a little over a year ... and SRS will provide the residential and commercial Pro ...

Home Depot is buying specialty building products distributor GMS for $4.3 billion, the second notable acquisition in a little over a year that emphasizes a deliberate push by the home improvement ...

Since QXO’s offer for GMS on June 18 sparked speculation about other acquisition targets ... note that the “complex pro” customer segment, which is estimated to be a $250 billion market, or a quarter ...