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 made a key acquisition to corner the pro market—but some analysts say it overpaid at $4.3 billion Sydney Lake Tue, Jul 1, 2025, 2:15 PM 3 min read ...

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 goes after pro market with $4.3B acquisition. Caroline Jansen . Mon, Jun 30, ... Home Depot said the acquisition expanded its total addressable market by $50 billion to about $1 trillion.

The Home Depot is acquiring building products distributor SRS Distribution for $18.25 billion in a bid to accelerate the growth of its pro offerings.The deal, which is expected to close by the end of ...

Home Depot (NYSE: HD) isn't known as a prolific acquirer, but every once in a while, the company makes a needle-moving acquisition. In 2020, it acquired HD Supply, a supplier in the maintenance ...

Shares of Home Depot Inc (NYSE: HD) were falling on Monday, just days after the company announced the acquisition of SRS Distribution for $18.25 billion.

Home Depot will acquire SRS Distribution Inc. for $18.25B. The deal is expected to close by end of fiscal 2024 and be dilutive to GAAP EPS but accretive from a cash EPS perspective.

Home Depot Adjusts Credit Facilities After Acquisition December 19, 2024 — 05:19 pm EST Written by TipRanks Auto-Generated Newsdesk for TipRanks -> ...

Home Depot continues to appeal to a contractor customer base. Home Depot made a key acquisition to corner the pro market—but some analysts say it overpaid at $4.3 billion ...

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, the largest home improvement company on the Fortune 500, is leaning into a contractor customer base, announcing Monday its acquisition of specialty building products distributor GMS for ...