Home Depot Expands Pro Market With $18 Billion SRS Deal
Home Depot is acquiring SRS, a distribution company for roof, landscaping and pool contractors, to help grow its professional customer base.
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Home Depot is acquiring SRS, a distribution company for roof, landscaping and pool contractors, to help grow its professional customer base.
The retailer says its total addressable market is now about $1 trillion
The Home Depot said Thursday that it will pay $18.25 billion for Texas-based SRS Distribution to expand its business with the professional residential builder and remodeler.
Home Depot will buy SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion including debt. It is Home Depot's largest acquisition in its...
It's the home improvement giant's largest acquisition to date.