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MarketBeat
MarketBeat
Jeffrey Neal Johnson

Beyond DIY: Home Depot's Conquest of the Professional Market

Home Depot Pro Depot GMs SRS GMS Inc MarketBeat SRS Distribution

In a strategic campaign of remarkable speed and scale, The Home Depot (NYSE: HD) has committed nearly $24 billion to fundamentally reshaping its business. In early September, the company completed its $5.5 billion acquisition of GMS Inc., a specialty building products distributor. 

This acquisition demonstrated the company's progress on the second phase of a comprehensive strategy pivot, which originated with the significant $18.25 billion acquisition of SRS Distribution in 2024. 

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