---
schema_version: "secwatch.filing_event.v1"
accession: "0000354950-24-000177"
form_type: "8-K"
ticker: "HD"
cik: "0000354950"
company_name: "HOME DEPOT, INC."
filed_at: "2024-06-18T23:59:59+00:00"
generated_at: "2026-06-01T03:59:25.574425+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Home Depot closes $18.25B acquisition of SRS Distribution, expanding TAM to ~$1T

## Summary
- Acquisition of residential specialty trade distributor SRS for $18.25B enterprise value, announced March 28, 2024.
- Expands Home Depot's total addressable market by ~$50B to approximately $1 trillion.
- SRS serves professional roofers, landscapers, and pool contractors; complements HD's pro customer focus.
- Certain SRS management reinvested a portion of after-tax proceeds into Home Depot common stock, subject to vesting and transfer restrictions.

## SEC filing metadata
- accession: 0000354950-24-000177
- form_type: 8-K
- ticker: HD
- cik: 0000354950
- company_name: HOME DEPOT, INC.
- filed_at: 2024-06-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354950/000035495024000177/0000354950-24-000177-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/354950/000035495024000177/hd-20240618.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000354950-24-000177
- JSON: https://secwatch.observer/filing/0000354950-24-000177.json
- Plain text: https://secwatch.observer/filing/0000354950-24-000177.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.