HD Supply Acquires Redi Carpet - Modern Distribution Management

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HD Supply Acquires Redi Carpet

MRO distributor HD Supply has closed its first acquisition since being re-acquired by Home Depot in late 2020.
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On Aug. 1, The Home Depot subsidiary HD Supply closed its acquisition of Houston, Texas-based flooring supplier Redi Carpet.

Redi Carpet is a next-day flooring installer, focused exclusively on serving the multifamily industry. It operates 34 branches across the country.

According to information HD Supply provided to MDM, this is HD Supply’s first acquisition since it was acquired by The Home Depot in late 2020. Both businesses will continue to operate separately for now, company officials told MDM.

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“Redi Carpet fills a critical gap in our offering, and we’re thrilled to be able to expand our offering of value-added services to our communities, particularly in the multifamily market,” HD Supply CEO Shane O’Kelly said. “We’re thrilled to welcome Redi Carpet associates to the HD Supply family and look forward to this new chapter filled with growth for our combined associates, customers and communities.” 

 HD Supply was re-acquired by The Home Depot in December 2020 for $8 billion after Home Depot had originally divested it to private equity in 2007.

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