The Home Depot acquired GMS this past September for $5.5 billion, and it now operates under HD’s SRS Distribution subsidiary.
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Formerly known as the Vinyl Siding Institute, the group is expanding its membership to include distributors to foster “boots-on-the-ground” partnership with manufacturers and other industry stakeholders.
The move gives Decks & Docks its first location in the Upper Midwest.
ABC says the new alignment is designed to reinforce continuity while improving clarity for customers, vendors and partners amid a rapidly evolving building materials landscape.
The topline figure snapped three straight months of decline, though nonresidential spending saw a sharp decline.
Adding five facilities and 220 employees, the news came just two days after SRS announced a pair of deals in New York and Nebraska.
SRS Distribution gained roofing share in a historically weak market as Home Depot’s Pro business outperformed DIY in Q4. From HD’s earnings call, we extract executive details shared on pricing strategy, GMS integration and cross-selling momentum across the company’s expanding contractor-focused offering.
SRS' first two bolt-ons of the year net two locations and a combined 31 employees.
Economists had expected December's starts to be flat vs. November.
The company expects single- and multi-family starts to be flat across all geographies in 2026, with projected annual sales growth in line with that.
A search committee has been established to identify a candidate who will assume the organization’s leadership role.
Fiscal Year 2025 Net income for SiteOne increased 23%, compared to the prior year.
Kodiak Building Partners to join legacy Beacon as the next major building materials distributor to make up QXO. See details of the acquisition, expected to close in the second quarter of 2026.
The acquisition strengthens TopBuild's presence in the Northeast.
White Cap is owned by PE firm CD&R, and Colony by Audax Private Equity. It will net White Cap more than 60 new locations.
The move diversifies Britton Lumber's business into packaging and strengthens its presence in Massachusetts, Rhode Island and Connecticut.
The new capability is designed to help pros create project material lists within minutes.
October negated most of September's decline and was the fourth gain in the past five months.
Phoenix-based XO Windows will now operate in US LBM's northwest and southwest regions.
The manufacturer/distributor made nine bolt-ons during 2025 that led to healthy annual gains in sales and EBITDA.
