Home Depot Doubles Down on Pro Market with $5.5 Billion Buy

In HD’s latest move to expand its contractor business, the big chain has bought building materials distributor GMS. It was a spirited fight but in the end, Home Depot was the winner. After private equity-backed dealmaker QXO, fresh off its acquisition of Beacon Roofing Supply this spring, made an initial offer to buy Georgia-based Gypsum […]

Home Depot Doubles Down on Pro Business

The giant home improvement retailer’s latest acquisition makes a big statement on its focus on contractors and professional builders. Only a month after announcing four new distribution centers specifically focused on its pro customers, Home Depot made a huge purchase that strengthened its attention to the roofing, landscaping, and pool sectors of the professional building […]