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Home Depot announced Thursday it is buying SRS Distribution in an $18 billion deal it hopes will attract more pro customers and contractors.

Home Depot acquires SRS Distribution in $18 billion purchase to attract more pro customers

Pending home sales in the U.S. rose 1.6% in February, spurred by modest inventory increases and job gains, a report on Thursday said.

U.S. pending home sales increase moderately, NAR says

Shares of Home Depot slipped Thursday after the home-improvement retailer announced it would by SRS Distribution for $18.25 billion including debt in the company’s biggest-ever acquisition.SRS, owned ...

Home Depot to Acquire Pro Contractor-Focused SRS Distribution for $18.25 Billion

Key Takeaways Home Depot is acquiring SRS Distribution, which sells and distributes construction materials like roofing supplies to a network of contractors.The deal, valued at $18.25 billion, could ...

Home Depot Buys SRS Distribution for $18.25B in Move To Expand Pro Market

To afford a typical starter home, buyers must now make $75,849, Redfin reported. That's an 87% jump from the income necessary in 2020.

Homebuyers need to earn 87% more than in pre-COVID years to afford a starter home, Redfin says

Home Depot on Thursday agreed to buy building materials supplier SRS Distribution for around $18.25 billion from private equity firms Leonard Green & Partners and Berkshire Partners.

Home Depot paying $18 billion to buy SRS Distribution

Eva Mendes discussed the reason she stepped away from acting and how she came to that decision with longtime partner Ryan Gosling.

Eva Mendes says she had 'non-verbal agreement' with Ryan Gosling to be a stay-at-home mom

Home Depot is buying SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion.


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