The acquisition is expected to be completed by the end of 2023. Credit: CineCam via Shutterstock.

In a strategic move to enhance its capabilities in serving professional customers, home improvement retailer The Home Depot has finalised an agreement to acquire International Designs Group (IDG) from private equity firm Mill Point Capital. 

The acquisition is subject to customary closing conditions and is expected to be completed by the end of 2023.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The Home Depot said it positions the company to tap into the $475bn professional market.

Headquartered in Decatur, Georgia, IDG operates showrooms and fabrication facilities across the East Coast and Southeast US.

Strengthening professional services 

Construction Resources, a key subsidiary of IDG, specialises in offering design-oriented surfaces, appliances and architectural products tailored for professional contractors engaged in renovation, remodelling, residential home building and multi-family projects. 

The acquisition leverages Construction Resources’ expertise in managing complex, cross-category professional projects, complementing The Home Depot’s scale, product authority and distribution capabilities. 

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 Home Depot chair, president and CEO Ted Decker expressed the company’s commitment to serving professionals comprehensively:

“Construction Resources helps us accelerate our Pro-growth opportunity with a successful showroom model, an exceptional sales force and proven, long-term relationships with renovator, remodeler and residential new-construction Pros.”

Building a pro-centric ecosystem

The Home Depot said its vision extends beyond this acquisition, as it aims to build a “unique, interconnected ecosystem” to support professional contractors in expanding their businesses.

The company highlighted the acquisition adds to its already “comprehensive” suite of services, from its ProXtra loyalty programme to digital tools, personalised experiences and a dedicated salesforce. 

Construction Resources CEO Mitch Hires shares their excitement about joining The Home Depot, citing alignment in customer-focused culture and a shared commitment to excellence:

“The Home Depot’s scale, operational expertise and product innovation are unmatched in our industry and I’m confident the combination of our capabilities will bring tremendous value to the Pros and homeowners who rely on us every day.”