ACQUIRED · 2025
Who Acquired GMS Inc.?
SRS Distribution (Home Depot subsidiary) · $5.50B· 10.2× EBITDA
The acquisition
GMS Inc. (Tucker, GA) was acquired by SRS Distribution (Home Depot subsidiary) in 2025 for $5.50B. Leading distributor of specialty building products including drywall, ceilings, steel framing for residential and commercial construction. The deal was priced at 10.2× EBITDA.
GMS Inc. at time of acquisition
EBITDA
$539.2M
Deal value
$5.50B
EV / EBITDA
10.2×
Similar wholesale distribution acquisitions
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- Agiliti Inc. · acquired by Thomas H. Lee Partners, L.P. in 2024 · $2.50B
- Patterson Companies, Inc. · acquired by Patient Square Capital in 2024 · $4.10B
- Heritage Pool Supply Group (via SRS Distribution) · acquired by The Home Depot in 2024 · $18.25B
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Sourced from The Home Depot Press Release. Primary source. Full deal page.
Citation: ExitValue.ai. (2025). GMS Inc. acquired by SRS Distribution (Home Depot subsidiary). https://exitvalue.ai/acquired/gms-inc