Manufacturer
SRS Distribution Announces Next Phase of Growth by Combining with The Home Depot to Better Serve Professional Customers
MARCH 28, 2024
SRS Distribution Inc. (“SRS”) announced today that it has entered into a definitive agreement with The Home Depot to be acquired for $18.250 billion. Under the terms of the agreement, SRS Distribution will operate as an independent business unit within The Home Depot, focused on accelerating growth in the Pro market.
Over the past 16 years, the SRS family has become one of the fastest-growing building products distributors in the United States. This proposed transaction will bring together the impressive talent, technology, and capabilities of SRS with The Home Depot’s trusted name and robust platform, expanding SRS’ reach into numerous new product categories and customers.
The proposed acquisition will clear a pathway for accelerated growth with the residential and commercial professional customer by expanding The Home Depot’s Pro capabilities, combining online, retail, and wholesale. The combined platform will open new opportunities for existing suppliers and partners by providing access to SRS’ expert workforce focused on specialty verticals, as well as The Home Depot’s cross-project expertise, product mix, network, and digital assets.
Under the agreement, the SRS senior leadership team will remain with the company to guide its ambitious growth plans. Dan Tinker, President and CEO of SRS, will continue to lead SRS operations under this new structure, reporting to The Home Depot CEO Ted Decker.
“We are proud to be combining with The Home Depot to continue our growth journey with the additional resources and capabilities they will put behind us,” said Dan Tinker, President and CEO of SRS. “We set out to find the optimal strategic outcome for the business, and we strongly believe we have achieved just that. With this combination, the future has never been brighter for our supplier partners, our Pro customers, and our team.”
“SRS’ ability to build leadership positions in each of its trade verticals while generating significant revenue growth is a testament to its strong vision, leadership, culture, and execution,” said Ted Decker, Chair, President, and CEO of The Home Depot. “SRS’ branch network, coupled with The Home Depot’s 2,000+ U.S. stores and distribution centers and comprehensive product offering provides the residential and commercial Pro customer with more fulfillment and service options than ever before. I look forward to welcoming Dan and the entire SRS team to The Home Depot and capturing the exciting opportunity ahead.”
SRS Distribution currently has two private equity investors: Berkshire Partners LLC. (since 2013) and Leonard Green & Partners L.P. (since 2018). “Over the past 16 years, SRS Distribution has successfully grown its business while delivering tremendous shareholder value to its investors and, more uniquely, to
its employees,” said Jon Seiffer, Senior Partner at Leonard Green. “This next chapter with The Home Depot is a logical step in SRS’ evolution and will mutually benefit both companies’ growth prospects for the benefit of all employees, customers, and suppliers,” said Josh Lutzker, Managing Director at Berkshire Partners.
The transaction is expected to close by the end of fiscal 2024 and is subject to regulatory approvals and other customary closing conditions. Jefferies LLC. is acting as lead financial advisor, and Goldman Sachs is also acting as financial advisor to SRS on this transaction.
About SRS Distribution
Founded in 2008 and headquartered in McKinney, Texas, SRS Distribution has grown to become one of the fastest-growing building products distributors in the United States. Since the Company’s inception, it has established a differentiated growth strategy and entrepreneurial culture that is focused on serving customers, partnering with suppliers, and attracting the industry’s best talent. SRS Distribution currently operates under a family of distinct local brands encompassing more than 760 locations across 47 states. SRS Distribution is a portfolio company of Leonard Green & Partners, L.P. and Berkshire Partners LLC. For more information, visit www.srsdistribution.com.
Manufacturer
New Poolsafe Removable Mesh Safety Fences
Poolsafe LLC, offers new mesh, removable safety fencing designed to be installed around any pool shape or size. Uses patented, transparent, large-hole ClearGuard™ Mesh for better visibility into the pool area, while also blending the fence into backyard. Lockable, self-closing Triton™ gate features a curved top bar to help prevent climbing. Unique Tri-Pod Truss system keeps gate aligned with daily usage. Available in 4ft and 5ft heights, in black, brown, beige, or gray colors.
https://poolsafe.com/
(888) 489-2282
Manufacturer
RicoRock® Offers New Temple Stone Firepit
The newest addition to the Temple Stone series, this new firepit is made of attractive and safe pre-cast lightweight concrete that matches the latest in outdoor living décor. Roughly 18”-inches high, 76” long and 23” wide, the Temple Stone firepit makes it easy to create a gathering space in any backyard. Hooks up to standard propane tanks. Shown in limestone color. Made in USA and available for immediate shipment.
www.ricorock.com or call (888) 717-3100.
Manufacturer
Marquis Celebrates 25 Years of Make-A-Wish Partnership
LAS VEGAS, NV — December 3, 2025 — Marquis® Spas, a leader in luxury hot tubs and swim spas, is proud to celebrate the 25th anniversary of its partnership with Make-A-Wish®, a milestone that has transformed the lives of more than 1,250 children through the gift of hydrotherapy. Providing ongoing relief for symptoms attributable to many childhood illnesses and conditions.
The journey began in 2000, when Marquis granted its first wish for Andrea, a 15-year-old leukemia survivor. Today, Andrea is cancer-free and raising a family of her own. Her story illustrates the ongoing power of a hot tub to provide more than relaxation. It inspires healing, resilience, and family joy.

“For 25 years, our dealers have been at the heart of this program,” said Melinda Herber, Customer Experience Manager at Marquis, who manages program logistics. “Every wish is more than a hot tub delivery—it’s a beacon of renewed hope. This is about showing up for families when it matters most, and it’s part of what makes the Marquis retail network so special.”
While not the only hot tub manufacturer to partner with Make-A-Wish, the Marquis program stands out as a model for sustained commitment. Marquis dealers often develop long-term connections with wish families and fellow volunteers, while also benefiting from positive recognition and shared pride in making wishes come true.
As Marquis reflects on this 25-year legacy, the company continues to prioritize loyal partnerships, especially with retailers who share its values. “Joining the Marquis network means more than selling premium spas,” said Todd Shannon, Chief Revenue Officer. “It means being part of a brand that delivers lasting enjoyment, builds community trust, and demonstrates leadership through action.”
Josh Cowley, CEO of parent company May Manufacturing, is equally committed. “We believe that every wish granted reflects the heart of our company and our dealer network,” said Cowley. “We’re excited to continue this legacy and invite retailers who share our values to join Marquis in making an even broader impact in the years ahead.”
About Marquis
Marquis® has been manufacturing premium hot tubs and swim spas since 1980. With a commitment to craftsmanship, innovation, and community, Marquis partners with retailers across the globe to deliver wellness, relaxation, and joy. A subsidiary of May Manufacturing and proudly made in Las Vegas, NV.
About Make-A-Wish®
Make-A-Wish creates life-changing wishes for children with critical illnesses. Founded in Phoenix, Arizona, Make-A-Wish is the #1 most trusted nonprofit operating locally in all 50 states throughout the U.S. Together with generous donors, supporters, staff and more than 20,000 volunteers across the country, Make-A-Wish delivers hope and joy to children and their families when they need it most. Make-A-Wish aims to bring the power of wishing to every child with a critical illness because wish experiences can help improve emotional and physical health. Since 1980, Make-A-Wish has granted more than 615,000 wishes worldwide; more than 390,000 wishes in the U.S. and its territories alone. For more information about Make-A-Wish America, visit wish.org.
Media Contact:
Cody Meador
Director of Marketing
951-204-3427
[email protected]
[email protected]
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