The Home Depot operates a total of 2,337 retail stores. Credit: Sundry Photography/Shutterstock.

US-based home improvement retailer The Home Depot has closed the acquisition of SRS Distribution, a residential speciality trade distribution company.   

The deal, valued at $18.25bn, expands Home Depot’s market presence. 

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The completion follows a definitive agreement signed by the two sides in late March 2024. 

Texas-based SRS Distribution serves professional landscapers, roofers and pool contractors. 

The company operates under a family of distinct local brands and has more than 760 locations across 47 US states. 

See Also:

Home Depot expects the strategic move to broaden its total addressable market to $1tn – an increase of about $50bn.   

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The merger aims to bolster Home Depot’s growth within the residential professional customer segment. 

It will also enable the company to better serve complex purchase occasions and position the retailer as a dominant speciality trade distributor across various verticals. 

Post-acquistion, SRS Distribution will continue to be led by its current president and CEO, Dan Tinker, along with his senior leadership team.

Home Depot chair, president and CEO Ted Decker said: “SRS is an excellent fit for The Home Depot – it’s both complementary and additive to our growth.   

“Their ability to quickly build leadership positions in each of their speciality trade verticals is a testament to the team’s strong vision, leadership, culture and execution.  

“SRS’s outstanding customer service, capabilities and expertise will help us drive value for our customers, associates and shareholders, and we’re excited to welcome the SRS team to The Home Depot.”