- GMS and The Home Depot are pivoting their strategy toward dominating the professional trade supplier market.
- 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.
2 reports, 0 independent
Updated Jun 30
Gone quiet
- Reports
- 2
- Developments
- 2
- Repetition
- 0%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
The Home Depot is buying GMS for $4.3 billion, while QXO completed the acquisition of Beacon Roofing Supply.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Home Depot is acquiring GMS for $4.3B, and QXO completed its purchase of Beacon Roofing.
- QXO offered $5B for GMS and Jacobs threatened a hostile takeover.
Keep exploring
The entities involved
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GMS
software for building and simulating groundwater models
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The Home Depot
American multinational home improvement supplies retailing company
Coverage
Newest first; wire copies grouped- Unknown outlet
- Unknown outlet