US EditionHome Depot Continues Push Into Building Supplies Sector with Bid for GMS, a Company that’s Already Received Buyout Offer
- On Monday, June 30, 2025, SRS Distribution Inc., a subsidiary of Home Depot, revealed plans to purchase GMS Inc. in a transaction valued at roughly $4.3 billion in equity.
- The acquisition resulted from Home Depot's strategy to expand beyond retail by broadening SRS’s offerings and deepening its presence in professional contractor markets.
- Combined, GMS and SRS will manage over 1,200 locations with a fleet of more than 8,000 delivery vehicles supporting construction sites throughout the United States and Canada.
- The cash tender offer price of $110 per GMS share represents a 36% premium over unaffected prices as of June 18, 2025, and the deal is expected to close by early 2026.
- The acquisition is projected to increase adjusted earnings per share in its initial year, deliver added value to contractors, enhance Home Depot’s trade credit offerings, and remain aligned with the goal of achieving a 2.0x leverage ratio by fiscal 2026.
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Home Depot announces $4.3 billion deal to acquire GMS building products distributor
Home Depot is buying specialty building products distributor GMS Inc. in a deal valued at approximately $4.3 billion.The Atlanta home improvement chain said Monday the transaction will help strengthen Home Depot’s relationship with professional contractors.GMS of Tucker, Georgia, is a distributor of specialty building products including drywall, ceilings, steel framing and other complementary products related to construction and remodeling proje…
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