Parties
Company
The Home Depot
Company
SRS Distribution, Inc.
The Home Depot, the world's largest home improvement retailer, completed the acquisition of SRS Distribution Inc., a leading residential specialty trade distributor, for approximately $18.25 billion.
The integration of SRS is expected to increase The Home Depot's total addressable market by approximately $50 billion, bringing it to an estimated $1 trillion.
Weil, Gotshal & Manges LLP advised Home Depot with a team led by partners Michael Aiello and Eoghan Keenan.
Latham & Watkins LLP advised SRS Distribution with a team led by partners Paul Kukish, Michael Vardanian, and Daniel Williams.
Deal Type
Merger & AcquisitionIndustry
InfrastructureTransaction
$ 18,250,000,000Deal Status
ClosedClosing Date
18 June 2024