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Atlanta – Home Depot has announced a $5.5 billion acquisition of GMS Inc., a leading specialty building products distributor, through its subsidiary SRS Distribution. The move significantly strengthens Home Depot’s presence in the professional contractor market.
The deal is aimed at accelerating Home Depot’s strategy to grow its B2B business, particularly among digital-first professional customers and those in high-frequency, high-margin specialty trades such as drywall, ceilings, and insulation.
By integrating GMS’s robust distribution network and trade expertise, Home Depot seeks to deepen its value proposition to pros, streamline supply chains, and enhance its digital capabilities across commercial channels.
The acquisition marks one of the largest in Home Depot’s history and underscores its commitment to expanding beyond the traditional retail model to become a leading supplier for professional contractors.
Depot Corporate Headquarters, The Atlanta Store Support Center from mcommwireless