SRS Distribution Announces Next Phase of Growth by Combining with The Home Depot to Better Serve Professional Customers

MCKINNEY, Texas--(BUSINESS WIRE)--SRS Distribution Inc. (“SRS”) announced today that it has entered into a definitive agreement with The Home Depot to be acquired for $18.250 billion. Under the terms of the agreement, SRS Distribution will operate as an independent business unit within The Home Depot, focused on accelerating growth in the Pro market. Over the past 16 years, the SRS family has become one of the fastest-growing building products distributors in the United States. This proposed tr