“Home Depot’s $18 Billion Acquisition: Genius Move or Waste of Money?”
April 9, 2024
“…The company just announced its biggest acquisition ever, taking over SRS Distribution for $18.25 billion, including SRS’s debt. Home Depot said the deal would expand its addressable market by around $50 billion, and CEO Ted Decker called SRS “An industry leader with a proven track record of profitable growth across verticals.”…
SRS Distribution is one of the nation’s largest building materials distributors, focused on roofing materials and building products. It was founded in 2008 and has grown to cover more than 760 locations across 47 states. It also has more than 4,000 delivery trucks and over 2,500 sales representatives…”
https://finance.yahoo.com/news/home-depots-18-billion-acquisition-114500990.html
The question asked in the headline cant be answered. Only time will tell.