The Home Depot Acquires GMS Inc. via SRS Distribution

SRS Distribution (Home Depot Unit) to Acquire Lohmiller & Company

August 10, 2026

Industrial Services

SRS Distribution Inc., the Home Depot subsidiary, entered into a definitive agreement to acquire Lohmiller & Company, a Denver-based wholesale HVAC distributor. The deal adds a Carrier-aligned HVAC supplier with four Colorado locations and 220 employees, and Lohmiller’s owners will continue to lead the business post-transaction.

The Home Depot Subsidiary SRS Distribution Acquires Mingledorff's

March 28, 2026

Industrial Services

SRS Distribution, a subsidiary of The Home Depot, entered into a definitive agreement to acquire wholesale HVAC distributor Mingledorff's, LLC. The deal adds HVAC distribution as a new vertical to SRS’s existing specialty trade distribution portfolio and expands The Home Depot’s reach with a complementary product lineup and distribution network. The acquisition was completed on May 11, 2026, with financial terms not disclosed.

GMS Inc Acquires Above Interior Distributors, Inc.

March 19, 2026

Logistics & Distribution

GMS Inc. agreed to acquire Above Interior Distributors, Inc., a South Florida supplier of specialty acoustical products, ceilings, and related building materials. The deal is intended to strengthen GMS’s distribution footprint and expand its specialty acoustical and ceiling offerings across the region, with Above Interior continuing to operate under its existing brand.

Kelvin Group / Southfield Capital-backed RD&S Acquires GMS Services

June 4, 2024

HVAC & Mechanical

Kelvin Group, in partnership with Southfield Capital, has completed the acquisition of GMS Services, LLC. The business will be integrated into Kelvin's RD&S unit to expand the platform's commercial refrigeration and HVAC/R service capabilities and geographic footprint across the Mid-Atlantic, Southeast and Great Lakes regions; terms were not disclosed.

The Home Depot Acquires SRS Distribution for $18.25 Billion

March 28, 2024

Transportation

The Home Depot entered into a definitive agreement to acquire SRS Distribution, a leading residential specialty trade distributor serving professional roofers, landscapers, and pool contractors, for approximately $18.25 billion enterprise value. The deal increases Home Depot’s addressable pro market and expands its specialty trade distribution capabilities across multiple verticals. The acquisition was completed on June 18, 2024.

The Home Depot Acquires HD Supply Holdings, Inc.

November 16, 2020

Transportation

The Home Depot agreed to acquire HD Supply Holdings, Inc. in a cash tender offer valuing the business at approximately $8 billion, with the deal expected to close in late 2020. The acquisition expands The Home Depot's capabilities and distribution footprint in the maintenance, repair and operations (MRO) market—particularly in multifamily and hospitality end markets—and is expected to be accretive to earnings.