Home Depot to Buy , Professional Contractor Supplier , SRS Distribution.<br />The deal, valued at $18.25 billion, will be <br />Home Depot's largest acquisition ever, AP reports. .<br />Home Depot CEO Ted Decker issued a statement.<br />SRS has built a robust and successful <br />platform that will accelerate our growth <br />with the residential professional customer <br />while presenting future opportunities <br />with the specialty trade pro, Home Depot CEO Ted Decker, via statement.<br />SRS has over 760 branches throughout 47 states.<br />Its fleet consists of more than 4,000 trucks, <br />many of which have jobsite delivery capabilities.<br />SRS CEO Dan Tinker also issued a statement.<br />We are looking forward to <br />combining our differentiated <br />assets and capabilities, including <br />our extensive branch network, <br />experienced sales team, , SRS CEO Dan Tinker, via statement.<br />... robust trade credit offering, <br />and order management system, <br />geared at serving the complex project <br />purchase occasion, with The Home <br />Depot’s competitive advantages, SRS CEO Dan Tinker, via statement.<br />We believe this will enable us to <br />better serve pros and continue <br />growing in our large and <br />highly fragmented market, SRS CEO Dan Tinker, via statement.<br />Tinker will continue to lead Texas-based SRS.<br />The deal will likely be finalized <br />"by the end of fiscal 2024," AP reports.
