Business
The Home Depot Subsidiary SRS Distribution Enters into Agreement to Acquire Wholesale HVAC Distributor Mingledorff's
SRS Distribution Inc., a subsidiary of The Home Depot®, has entered into a definitive agreement to acquire Mingledorff's, Inc., a leading wholesale distributor of heating, ventilation and air conditioning (HVAC) equipment, parts and supplies, serving residential and commercial customers through 42 locations in five states across the southeastern U.S.
About this update from Home Depot, Inc. (the)
[{"type":"text","content":"Expands Distribution Offerings and Capabilities for Pro Customers, Increases The Home Depot's Total Addressable Market to $1.2 Trillion ","length":140,"tagName":"p","attribs":{}},{"type":"text","content":"MCKINNEY, Texas and ATLANTA, March 24, 2026 /PRNewswire/ -- SRS Distribution Inc., a subsidiary of The Home Depot®, has entered into a definitive agreement to acquire Mingledorff's, Inc., a leading wholesale distributor of heating, ventilation and air conditioning (HVAC) equipment, parts and supplies, serving residential and commercial customers through 42 locations in five states across the southeastern U.S.","length":426,"tagName":"p"},{"type":"image","alt":"The Home Depot logo. (PRNewsFoto/The Home Depot) (PRNewsFoto/)","displaySize":"","headline":null,"caption":"The Home Depot logo. (PRNewsFoto/The Home Depot) (PRNewsFoto/)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":400,"url":"https://media.zenfs.com/en/prnewswire.com/6d86ee3880c659677a59471f0a4ea18b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/yWFvZ48Qx2OTOMkcqmIXHQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTcwNQ--/https://media.zenfs.com/en/prnewswire.com/6d86ee3880c659677a59471f0a4ea18b","width":400,"height":400}},"href":"https://mma.prnewswire.com/media/118058/THE_HOME_DEPOT_LOGO_v1.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Home Depot is building differentiated offerings and capabilities to better serve Pro customers. Through its subsidiary SRS, the company has also established a leading position in specialty trade distribution across multiple verticals including roofing and building products, interior and construction products, landscape and pool. SRS's acquisition of Mingledorff's adds HVAC distribution as a new vertical.","length":419,"tagName":"p"},{"type":"text","content":"Mingledorff's brings an extensive product portfolio, robust distribution network and established customer relationships that are highly complementary to SRS's existing business, positioning the company to win greater share of wallet in the fragmented building materials distribution industry. HVAC distribution represents a total addressable market of approximately $100 billion and will increase The Home Depot's total addressable market to $1.2 trillion.","length":468,"tagName":"p"},{"t...