#USA #McKinney #The Home Depot #SRS Distribution #Mingledorff's

SRS Distribution Completes Acquisition of Mingledorff's

On May 12, 2026, SRS Distribution Inc., a notable subsidiary of The Home Depot, announced the successful completion of its acquisition of Mingledorff's LLC. This acquisition marks a significant milestone as SRS expands its footprint in the HVAC distribution market.

Mingledorff's, an established leader in the wholesale distribution of HVAC equipment, parts, and supplies, operates through 42 branches across five southeastern states in the U.S. This acquisition, initially announced on March 24, 2026, aligns perfectly with The Home Depot's strategy to increase its market share among professional contractors. The company aims to develop differentiated offerings and enhance capabilities tailored to meet the various needs of contractors throughout all stages of their projects, whether it be large-scale constructions or smaller renovation and repair jobs.

The Home Depot had previously acquired SRS in 2024, a move that solidified its leadership in specialized commercial distribution across various sectors, including roofing, construction products, interior and exterior goods, landscaping, and pool supplies. With the addition of Mingledorff's, SRS now diversifies into the HVAC distribution sector, bringing with it an extensive product portfolio, a robust distribution network, and established customer relationships that complement SRS's existing operations.

Ted Decker, chairman, president, and CEO of The Home Depot, expressed enthusiasm regarding the acquisition. He stated, "Incorporating Mingledorff's is a pivotal step in our strategy to better serve the needs of professionals with a more comprehensive range of products and services. The integration of this leading HVAC platform bolsters SRS's rapidly growing distribution engine, allowing us to provide a wider array of products and specialized knowledge to our professional clients. This expansion enhances cross-selling synergies and streamlines order management across our ecosystem for professionals, positioning The Home Depot as the go-to destination for professional builders, general contractors, remodeling firms, and clients in the multi-family sector."

Dan Tinker, CEO of SRS, shared his excitement about welcoming Mingledorff's into the SRS family of companies. He emphasized the importance of leveraging their strengths to deliver an impeccable client experience. By incorporating Mingledorff's extensive HVAC expertise into a national network, SRS aims to provide professionals with greater convenience and opportunities to grow their businesses through a trusted single partner.

The HVAC products distribution market represents a substantial opportunity, estimated at approximately $100 billion, thereby enhancing The Home Depot's total addressable market to $1.2 trillion. However, details regarding the financial aspects of the transaction have not been disclosed.

About The Home Depot

The Home Depot stands as the world’s largest home improvement retailer. As of the end of fiscal year 2025, the company operated 2,359 retail locations and over 1,250 SRS outlets across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces, and Mexico. With a workforce exceeding 470,000 employees, The Home Depot's shares are traded on the New York Stock Exchange under the ticker symbol HD.

About SRS

Founded in 2008 and headquartered in McKinney, Texas, SRS Distribution has emerged as one of North America's fastest-growing distributors of construction products. Since its inception, the company has pursued a differentiated growth strategy and built a customer-centric business culture, partnering with suppliers and attracting top talents in the industry. Currently, as a wholly-owned subsidiary of The Home Depot, SRS oversees a family of distinctive local brands with more than 1,250 locations across all 50 states and five Canadian provinces. More information can be found on their website, www.srsdistribution.com.

About Mingledorff's

Established in 1939 and headquartered in Peachtree Corners, Georgia, Mingledorff's is a leading wholesale distributor of HVAC equipment, parts, and supplies serving residential and commercial professional clients. With a solid footprint of 42 branches across five southeastern states, Mingledorff's offers professionals a diverse range of HVAC products, complemented by unmatched customer service.