Home Depot's SRS Distribution unit is buying GMS, a building-products distributor, for about $4.3 billion. Home Depot is trying to attract more sales from contractors and other home professionals. The deal is expected to close in early 2026.

Home Depot said on Monday unit SRS Distribution has agreed to acquire specialty building products distributor GMS for about $4.3 billion, stepping up its efforts to capture more demand from professional contractors.

The Home Depot Inc. is acquiring GMS Inc. for $4.3B, expanding its reach in the pro contractor space and adding to its capabilities and service offerings.