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.
RENOLIT has launched its highly anticipated 2026 edition of the Art of Pools catalog, a premium showcase of the company’s reinforced PVC pool membranes, ceramic-inspired surfaces, and integrated decking solutions for modern swimming pool design.
Spanning more than 175 pages of world-class photography, the catalog draws inspiration from stunning pool installations across the globe, highlighting how RENOLIT’s complete waterproofing systems bring together aesthetics, durability, and architectural integration in a single, cohesive solution.
This new edition reflects an evolved design vision — one that speaks directly to architects, designers, builders, and discerning homeowners seeking both beauty and performance in aquatic environments. From sleek contemporary finishes to richly textured ceramic-inspired surfaces, the catalog demonstrates the full breadth of RENOLIT’s design capabilities.
The 2026 Art of Pools catalog is available now for immediate viewing online: https://online.fliphtml5.com/dpzsu/zfex/ and can be downloaded at https://renolit-alkorplan.com/the-art-of-pool.
Printed copies are also available upon request.
Phone number: (219) 324-6886
Location: LaPorte, Indiana
Manufacturer
B Squared Pools Offers Waterfall Sun Ledge for Pools
B Squared Pools is pleased to offer pool builders a polypropylene constructed sun ledge kit that can be added to any swimming pool. Made of lightweight, energy-efficient, and structurally superior material, the new sun ledge has an independent, free-standing design with a built-in waterfall edge. Fast and easy to install without having to renovate the pool, it offers a weather-resistant finish with a spacious, tanning-ready ledge. This product is a panel-based system that eliminates metal fasteners and resists rust, corrosion, and freeze-thaw damage. The polypropylene panels provide an internal grid structure for added wall strength and built-in insulation through its sealed chambers for added thermal efficiency. Made in the USA and available for immediate shipment.
www.BSquaredPools.com
419-708-5225
Manufacturer
Pentair Expands Step Into Swim Partnership
At Pentair Pool, safety isn’t a box we check. It’s a pillar of who we are and how we show up for the communities we serve.
Water brings people together. It fuels connection, wellness, and unforgettable moments with family and friends. But those moments can only happen when safety comes first. That belief is what continues to drive our partnership with Step Into Swim, and why, for the third year in a row, Pentair Pool is proud to invest in expanding access to lifesaving swim education.
Safety Starts With Education In and Out of the Water
Learning to swim is more than a skill; it’s a foundation for confidence, independence, and long-term safety. Step Into Swim, an initiative of the Pool & Hot Tub Alliance (PHTA), focuses on removing barriers to swim education, helping children build essential water safety skills early. For Pentair Pool, this partnership aligns directly with our broader mission to help people safely and sustainably enjoy water. We believe that the safest pool experience doesn’t start with equipment alone… It starts with education, awareness, and access.
“Everyone’s journey should start with a safe introduction to the water,” says Greg Claffey, President of Pentair Pool, who serves on the PHTA Board of Directors. “This partnership lets us give back to our communities in a meaningful way — by supporting local families through helping future swimmers learn the skills that keep them safe in and around the water.”
Turning Commitment Into Action
This year, Pentair Pool committed $100,000 as a Diamond Level sponsor to further support Step Into Swim’s mission. That investment helps fund swim lessons for thousands of children, expanding access to programs that teach foundational water safety skills — especially in communities where opportunities to learn to swim may otherwise be limited.
Our involvement with Step Into Swim is one part of a much larger, long-standing commitment. For more than a decade, Pentair Pool has supported National Water Safety Month, using our platform to elevate awareness around drowning prevention and safe pool practices.
Together, these efforts reinforce a simple truth: awareness saves lives, but education sustains them.
Why Training Matters at Every Level
Advancing water safety doesn’t stop with swim lessons. It also depends on knowledgeable, well-trained pool professionals who design, install, and maintain aquatic environments every day. That’s why Pentair Pool invests heavily in professional education and training, equipping pool pros with the expertise they need to help create safer pool experiences for homeowners, facilities, and communities. Through our robust professional support resources like Pentair Pool University and on-demand webinars, Pentair provides ongoing education, technical guidance, and hands-on learning to reinforce best practices across the industry.
Our goal is to ensure that safety knowledge evolves alongside technology, standards, and real-world application. When pool professionals are confident and informed, everyone benefits.
Building a Safer Future Together
Partnerships like Step Into Swim matter because they reflect a shared responsibility. Manufacturers, pool professionals, parents, educators, and community leaders all play a role in improving water safety outcomes.
By investing in swim education, supporting professional training, and consistently advocating for safety awareness, Pentair Pool is helping to create a future where water is something everyone can safely and sustainably enjoy.
We’re proud to stand alongside Step Into Swim and the broader pool and spa industry in advancing safety education one lesson, one professional, and one community at a time.
About Pentair Pool
At Pentair, we help the world safely and sustainably move, improve, and enjoy water, life’s most essential resource. From our residential and business solutions to industrial water management and everything in between, Pentair is focused on smart, sustainable water solutions that help our planet and people thrive.
As an industry leader in the pool and spa space, Pentair Pool is driven to help people sustainably enjoy water. Our solutions include industry-leading pumps, automation, lighting, heating, and filtration technology that help our customers enjoy a smarter and more sustainable pool. Customer success is at the heart of our vision for bringing family and friends together in the pool and on the deck to build social connections, create lifelong memories, and help promote fitness and enjoyment. For more information, visit www.pentairpool.com.
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