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Moody's affirms Home Depot's A2 and Prime-1 ratings with stable outlook after announcement of SRS Distribution acquisition for US$18.25B; analyst notes company's commitment to repay debt from SRS purchase before resuming share purchases
Published:
March 28, 2024
by Moody's Investors Service
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SRS Distribution to continue operating as an independent business under US$18.25B acquisition deal with Home Depot; SRS senior leadership team to remain with company to guide growth plans, with CEO Dan Tinker to continue leading SRS operations
Published:
March 28, 2024
by SRS Distribution Inc.
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Atlanta-based Home Depot to acquire Texas's SRS Distribution for US$18.25B, set to close by end of FY2024; deal to expand Home Depot's offerings in roofing, landscaping, pools for professional customers, increase addressable market to US$1T, up US$50B
Published:
March 28, 2024
by PR Newswire
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SRS Distribution Inc. Celebrates Entrepreneurial Spirit Amidst Strategic Texas Expansion with Five Locations
Published:
March 19, 2024
by Industry Intelligence Inc.
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SRS Distribution Inc. Enhances Building Materials Offerings with Extended Hardie® Product Warranty and Innovative Topshield® Ventilation Collection
Published:
March 13, 2024
by Industry Intelligence Inc.
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