News & Announcements

Weil Advises The Home Depot in its Pending $18.25B Acquisition of SRS

Weil is advising The Home Depot, the world's largest home improvement retailer, in its definitive agreement to acquire SRS Distribution Inc., a leading residential specialty trade distribution company across several verticals serving the professional roofer, landscaper and pool contractor, in a transaction that implies an SRS enterprise value of approximately $18.25 billion. The transaction is expected to close by the end of fiscal 2024, subject to customary closing conditions and regulatory approvals.

The Weil team advising The Home Depot is led by Mergers & Acquisitions partners Michael J. Aiello and Eoghan Keenan and includes associates Brandon Nesfield, Margo Seliger, Eileen Creaser and Ragan Minor (Not Yet Admitted in New York); Executive Compensation & Benefits partner Regina Readling and associate Nate Gross; Tax Head Joseph Pari and associates Madeline Joerg and Grant Solomon; Antitrust Co-Head Jeffrey Perry, partner Megan Granger, counsel Rob Meyer and associate Kelly McCubrey; Real Estate partner Jannelle Seales and associates Morgan Foulsham, Ilana Bier, Alexa King, David Markovitz, Caroline Adnams, Adina Feder and Doug Illsley; Capital Markets partners Frank Adams and Barbra Broudy and associate Stefan Tsourovakas; Banking & Finance partner Jessie Chiang and associate Hye-Jin Kim; Public Company Advisory Group Co-Head Lyuba Goltser and associate Eleni Samara; Technology & IP Transactions partners Dennis Adams and Olivia Greer and associates Dominic Farchione, Jeeyoon Chung, Sabrina Chishti, Taylor Peterson, Aron Lichtschein (Not Yet Admitted in New York) and Brendan McNerney (Not Yet Admitted in New York); Regulatory Transactions Head Annemargaret Connolly and partners Matthew Morton and Timothy Welch and Jessica Nash; and Employment partner Rebecca Sivitz and associates Kate Belsito and Matt Gang (Not Yet Admitted in New York).