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Home Depot completes GMS acquisition for $5.5bn

The Home Depot, based in the US state of Georgia, has completed its previously announced acquisition of speciality building products distributor GMS for a total enterprise value of $5.5bn. The home ...
GMS is one of the leading distributors of specialty building products including drywall, ceilings, steel framing and other complementary products related to remodeling and construction projects.
The Home Depot, Inc.’s HD acquisition of GMS marks a pivotal step in its push to build a dominant Pro distribution ecosystem.
Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. Home Depot's SRS subsidiary acquired GMS for $4.3B, ...
BUYER: THE HOME DEPOT, INC. SELLER: SRS DISTRIBUTION, INC. DEAL TEAM: Goldman Sachs; Jefferies; Latham & Watkins; Leonard ...