The Home Depot will buy a McKinney-based supplier for $18 billion
Home Depot Inc. said it would buy SRS Distribution Inc. for about $18.25 billion in a bid to bolster the company’s professional services business. Bloomberg's John J. Edwards III reports the deal will boost the company's pro-services business.
The Home Depot plans to buy McKinney-based SRS Distribution Inc. for $18.25B. SRS is the largest network of independent distributor brands in the U.S. SRS provides materials to landscaping, pool and roofing contractors. Home Depot will buy SRS distribution for about $18B.
McKinney-based SRS Distribution is the largest network of independent distributor brands in the U.S. The Home Depot to buy McKinney, Texas, based SRS distribution. SRS provides materials to landscaping, pool and roofing contractors, providing materials for landscaping and pooling contractors.