- Home Depot acquired SRS Distribution and GMS on August 1, 2025, for expansion and market dominance.
- GMS and The Home Depot are pivoting their strategy toward dominating the professional trade supplier market.
- Home Depot seeks to diversify into the professional construction market, involving SRS Distribution and GMS.
- The Home Depot is buying GMS for $4.3 billion, while QXO completed the acquisition of Beacon Roofing Supply.
Brad Jacobs is leading QXO's Mergers and Acquisitions strategy.
1 report, 1 independent
Updated Wed 00:00
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What happened
Brad Jacobs is leading QXO's Mergers and Acquisitions strategy.
Who's involved
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The entities involved
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Brad Jacobs
businessman
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