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Majority stake · Closed Oct 2025

Home Depot acquires GMS, integrated under SRS Distribution

Relationship map

Relationship map for Home Depot acquires GMS, integrated under SRS Distributionparent ofThe Home Depot: Operating CompanyTHThe Home DepotGMS Services, LLC: Operating CompanyGSGMS Services, LLC
Operating Company

Parties

Acquirer
The Home Depot
Operating Company
Target
GMS Services, LLC
Operating Company

Market signals

Summary

The Home Depot has acquired building-products distributor GMS, which is being folded under Home Depot's SRS Distribution arm. GMS retains its own brand alongside SRS and Heritage, all owned by Home Depot. This is distribution-sector M&A adjacent to the trades.