Home Depot's Mingledorff's deal targets $100B HVAC distribution market

The companies framed HVAC distribution as a ~$100B total addressable market, with the acquisition lifting Home Depot's total addressable market opportunity to roughly $1.2 trillion.

“The companies said HVAC distribution represents an estimated $100 billion total addressable market. The Home Depot said the acquisition increases its total addressable market opportunity to approximately $1.2 trillion.”

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