What did SRS Distribution (Home Depot subsidiary) pay for GMS Inc.?

SRS Distribution (Home Depot subsidiary) acquired GMS Inc. for $5.50B in 2025. Target EBITDA was approximately $539.2M.

M&A TRANSACTION · 2025

GMS Inc. acquired by SRS Distribution (Home Depot subsidiary)

$5.50B· Wholesale Distribution

Target

GMS Inc.

Tucker, GA

Leading distributor of specialty building products including drywall, ceilings, steel framing for residential and commercial construction

GMS Inc. acquisition profile →

Acquirer

SRS Distribution (Home Depot subsidiary)

Strategic buyer

Disclosed financials at time of acquisition

Revenue

EBITDA

$539.2M

Deal Value

$5.50B

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Context

This $5.50B acquisition of GMS Inc. by SRS Distribution (Home Depot subsidiary) sits in the wholesale distribution sub-vertical. Run a valuation for your own wholesale distribution business via our Wholesale Distribution valuation hub. SRS Distribution (Home Depot subsidiary) is acquiring as a strategic buyer; see how strategic acquirers typically price wholesale distribution businesses on our Wholesale Distribution strategic buyer-pool page.

Source

Data sourced from The Home Depot Press Release - primary source. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology

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