Building materials distributor North Atlantic Corp. adds Mountain High Appliance, a Colorado appliance retailer, to its family of companies.
In a move to better serve the complex project planning needs of contractors that are typically served by distributors, The Home Depot launches digital project planner.
The combination unlocks over $25 million in expected annual cost synergies to be realized within three years, according to the company.
Brad Jacobs candidly shared plenty of detail in answering questions QXO has often received regarding its strategic roadmap toward achieving $50 billion in annual revenue over the next decade.
MiddleGround Capital sold Arrow Tru-Line, a garage door components distributor, to the Chamberlain Group.
The deal went final just over a month after it was originally announced, and marks HD’s second landmark building materials distribution purchase in about 15 months.
It’s just the latest building materials distribution megadeal and essentially is Lowe’s answer to rival Home Depot buying SRS Distribution in 2024.
With the deal set to close by the end of January, we discuss HD’s newest commentary about why it is buying wallboard distributor GMS for $4.3 billion just 14 months after acquiring SRS Distribution for...
QXO issued its first quarterly financial results since its $11 billion acquisition of Beacon at the end of April, with all key metrics topping analyst forecasts.
Core organic sales had another mid-single digit decline year-over-year while net profit sunk by nearly half from a year earlier.
It’s the latest deal involving building materials distributors, following QXO’s purchase of Beacon and The Home Depot’s pending acquisition of GMS.
GMS has agreed to be acquired by The Home Depot’s subsidiary SRS Distribution for $110 per share, topping a rival bid and valuing the deal at $5.5 billion.
