Home Depot to Acquire EnerBank
The Home Depot, Atlanta, GA, has agreed to acquire EnerBank USA from CMS Energy.
EnerBank provides home improvement loans, which remodeling and trade contractors can offer their customers. It provides loans for a variety of projects, including window and door replacements, heating and air conditioning upgrades, kitchen and bath remodeling, roofing, painting and landscaping work.
'This acquisition is another part of our strategy to expand our business and relationships with professional customers,' said Frank Blake, executive vice president of business development and corporate operations for The Home Depot. 'EnerBank has a unique way of helping home improvement contractors grow their business, especially the smaller contractors who frequent ...