Home Depot has won a bidding war for GMS, striking a deal to buy the building-products distributor for $4.3 billion, or $5.5 billion including debt.

Home Depot said Monday that it is buying GMS, a building-products distributor, for about $4.3 billion as the retailer moves to draw more sales from contractors and other home professionals.

Home Depot, based in Atlanta, moved quickly to acquire GMS, putting in its own bid less that two week after the company QXO offered $5 billion, according to a regulatory filing.

As part of the deal, the Home Depot-owned subsidiary SRS Distribution will buy all outstanding shares of GMS for $110 per share, which adds up to about $4.3 billion and amounts to total enterprise ...

MCKINNEY, Texas and ATLANTA, June 30, 2025 /PRNewswire/ -- The Home Depot ®, the world's largest home improvement retailer, has entered into a definitive agreement for its specialty trade ...

Home Depot is buying specialty building products distributor GMS for $4.3 billion, the second notable acquisition in a little over a year that emphasizes a deliberate push by the home improvement ...

Home Depot is buying specialty building products distributor GMS for $4.3 billion, the second notable acquisition in a little over a year that emphasizes a deliberate push by the home ...

Similar to Home Depot’s previous acquisition of SRS, which focused on roofing, the GMS purchase is expected to provide the company with additional leverage with general contractors.

Home Depot is buying specialty building products distributor GMS for $4.3 billion, the second notable acquisition in a little over a year that emphasizes a deliberate push by the home improvement ...

Home Depot Inc. is looking to build up its building-products offerings, as the home-improvement retail giant has reportedly entered a battle to buy ceilings, wallboard and tools supplier GMS Inc.