SRS Distribution Inc., a subsidiary of The Home Depot, has completed the acquisition of Mingledorff's, LLC. Mingledorff's is a leading wholesale distributor of heating, ventilation and air conditioning (HVAC) equipment, parts and supplies, serving residential and commercial customers through 42 locations in five states across the southeastern U.S. The agreement to acquire Mingledorff's was previously announced on March 24, 2026.  

The Home Depot is focused on growing its share of wallet with professional contractors (Pros), and the company is building differentiated offerings and capabilities to better serve Pros across their entire project – from large, complex jobs to smaller renovations and repairs. The Home Depot acquired SRS in 2024, establishing a leading position in specialty trade distribution across roofing and building products, interior and construction products, landscape and pool.

The acquisition of Mingledorff's adds HVAC distribution as a new vertical for SRS and brings an extensive product portfolio, robust distribution network and established customer relationships that are highly complementary to SRS's existing business. In addition, the acquisition enables The Home Depot to further penetrate the market for HVAC parts and supplies, creating even greater value for the Pro customer.

"The addition of Mingledorff's represents another key milestone in our strategy to better serve the Pro with the most comprehensive product and service offerings," said Ted Decker, chair, president and CEO of The Home Depot. "Adding this premier HVAC platform strengthens SRS's high-growth distribution engine and allows us to provide a more complete range of inventory and expertise for our Pro customers. This expansion also enables us to drive cross selling synergies and streamlined fulfillment across our Pro ecosystem, establishing The Home Depot as the ultimate destination for professional builders, general contractors, remodelers and multifamily customers."

"We are thrilled to officially welcome the Mingledorff's team to the SRS family of companies," said Dan Tinker, CEO of SRS. "We're focused on combining our collective strengths to deliver a seamless experience for our customers. By bringing Mingledorff's' deep HVAC expertise into our national network, we're providing Pros with even greater convenience and more ways to grow their businesses through a single, reliable partner."

HVAC distribution represents a total addressable market of approximately $100 billion and increases The Home Depot's total addressable market to $1.2 trillion.

Financial terms of the transaction were not disclosed.