The Home Depot completed the acquisition of SRS Distribution from Leonard Green and Berkshire for $18.25bn.

The Home Depot, a home improvement retailer, completed the acquisition of SRS Distribution, a residential specialty trade distribution company across several verticals serving the professional roofer, landscaper and pool contractor, from Leonard Green & Partners and Berkshire Partners, two private equity investors, for $18.25bn. "SRS is an excellent fit for The Home Depot – it's both complementary and additive to our growth. Their ability to quickly build leadership positions in each of their specialty trade verticals is a testament to the team's strong vision, leadership, culture and execution. SRS's outstanding customer service, capabilities, and expertise will help us drive value for our customers, associates and shareholders, and we're excited to welcome the SRS team to The Home Depot," Ted Decker, The Home Depot Chair, President and CEO.