Mergers & Acquisitions

Building Materials/Construction

Article

TopBuild to Buy Progressing Roofing for $810M

It’s the latest deal involving building materials distributors, following QXO’s purchase of Beacon and The Home Depot’s pending acquisition of GMS.

Distributor M&A activity gained momentum in June, marked by several transactions across the Building Materials, Electrical and Gases & Welding sectors. Get a full recap of June’s distributor M&A activity, including a year-to-date breakdown by...

Building Materials/Construction

Article

The Home Depot Enters into Agreement to Acquire 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.

Valued at $1.5 billion, the deal is set to result in a PVF and industrial supplies distributor with a combined revenue of around $5.4 billion and more than 350 locations worldwide.

Grocery & Foodservice Distribution

Article

C&S Wholesale Grocers to Buy SpartanNash for Nearly $1.8B

C&S Wholesale Grocers adds nearly 60 combined distribution centers, a network of 200 retail grocery stores and expanded access to independent grocers through the acquisition.

Building Materials/Construction

Article

QXO Makes $5B Offer to Buy GMS

Just 50 days after closing on its $11 billion purchase of Beacon, QXO is back in pursuit mode.

Distributor M&A momentum picked up in May, with notable moves across HVACR, Electrical and Gases & Welding sectors. Get a full recap of May’s distributor M&A activity, including a year-to-date breakdown by product category.