Acquisition History / The Home Depot (SRS Distribution) / GMS Inc.
The Home Depot (SRS Distribution) Acquires GMS Inc.
Announced June 30, 2025 — $5.50B
What happened
GMS is a North American specialty building products distributor. It agreed on June 30, 2025 to be acquired by The Home Depot through its SRS Distribution subsidiary via a $110.00 per share tender offer, a total enterprise value including net debt of approximately $5.5B.
- Target
- GMS Inc.
- Announced
- June 30, 2025
- Price
- $5.50B
- Industry
- Specialty building products distribution
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did The Home Depot (SRS Distribution) acquire GMS Inc.?
The Home Depot (SRS Distribution) acquired GMS Inc. on June 30, 2025. This was The Home Depot (SRS Distribution)'s 1st publicly tracked acquisition out of 1 we have on record.
How much did The Home Depot (SRS Distribution) pay for GMS Inc.?
The Home Depot (SRS Distribution) paid $5.50B for GMS Inc..
What does GMS Inc. do?
GMS is a North American specialty building products distributor. It agreed on June 30, 2025 to be acquired by The Home Depot through its SRS Distribution subsidiary via a $110.00 per share tender offer, a total enterprise value including net debt of approximately $5.5B.
What other Specialty building products distribution companies has The Home Depot (SRS Distribution) acquired?
GMS Inc. is The Home Depot (SRS Distribution)'s only publicly tracked acquisition in Specialty building products distribution so far.