M&A Deal Summary |
|
|---|---|
| Date | 2024-03-28 |
| Target | SRS Distribution |
| Sector | Distribution |
| Buyer(s) | The Home Depot |
| Sellers(s) | Leonard Green & Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 18.3B USD |
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| Category | Company |
|---|---|
| Founded | 1978 |
| Sector | Retail |
| Employees | 475,000 |
| Revenue | 157.4B USD (2023) |
The Home Depot is a home improvement retailer. Home Depot operates more than 2,000 stores and home improvement centers across North America. The Home Depot was founded in 1978 and is based in Atlanta, Georgia.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 18 |
| Sector (Distribution) | 9 of 9 |
| Type (Add-on Acquisition) | 16 of 16 |
| State (Texas) | 5 of 5 |
| Country (United States) | 18 of 18 |
| Year (2024) | 1 of 1 |
| Size (of disclosed) | 1 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-11-20 |
International Designs Group
Decatur, Georgia, United States International Designs Group (IDG) is a provider of top-quality slab and tile materials for the kitchen and bath industry. IDG offers exclusive brands like Pompeii Quartz and Forum Quartz, as well as its tile label, CTC (Cancos). In addition to slab and tile distribution, IDG has showrooms in several eastern U.S. states, including Alabama, Georgia, South Carolina, Florida and New York. These showrooms highlight and sell the company’s distinctive slab and tile products, and also provide a range of complementary specialty products for the kitchen and bath. International Designs Group is based in Decatur, Georgia. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 70.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Leonard Green & Partners is a mega-sized private equity firm that invests in established companies that are leaders in their respective markets. Leonard Green will consider investments in consumer and business services, consumer products, distribution, media, and retail. Typical transaction values for acquisitions are between $500 million and $2 billion, however, the firm is capable of closing transactions valued up to $5 billion. Types of transactions include public-to-private, recapitalizations of privately held businesses, growth capital, equity capital to facilitate acquisitions, turnarounds/restructurings, and acquisitions of divisions/assets from large corporations. Leonard Green & Partners was formed in 1989 and is based in Los Angeles, California.
| DEAL STATS | # |
|---|---|
| Overall | 52 of 52 |
| Sector (Distribution) | 2 of 2 |
| Type (Add-on Acquisition) | 10 of 10 |
| State (Texas) | 6 of 6 |
| Country (United States) | 49 of 49 |
| Year (2024) | 1 of 1 |
| Size (of disclosed) | 1 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-12-23 |
IRIS
Slough, United Kingdom IRIS is a private software house supplying business management solutions to over 60,000 customers, from start-ups to large organisations. IRIS was founded in 1978 and is based in Slough, United Kingdom. |
Buy | £3.2B |
