SRS Distribution acquires Mingledorff's

SRS Distribution, a division of The Home Depot, has finalized its acquisition of HVAC distributor Mingledorff’s. The financial specifics of the transaction remain undisclosed. This strategic move, first announced in March 2026, establishes HVAC distribution as a new vertical for SRS. Mingledorff’s operates through 42 locations across five southeastern U.S. states, expanding SRS’s reach in the HVAC sector and enhancing its distribution capacity for heating, ventilation, and air conditioning products to both residential and commercial customers.

The acquisition integrates Mingledorff’s robust product offerings and established customer relationships into SRS’s extensive operations, which span roofing, building materials, and other specialty trade distributions. The deal aligns with The Home Depot’s broader strategy to strengthen its comprehensive service offerings for professional contractors. The HVAC distribution sector alone presents a $100 billion market opportunity, contributing to The Home Depot’s overall target addressable market, which now stands at $1.2 trillion.

Founded in 1939, Mingledorff’s has built a strong reputation in the HVAC industry, known for its extensive product range and customer service excellence. By incorporating Mingledorff’s into its operations, The Home Depot aims to enhance market penetration in HVAC parts and supplies. This integration is expected to facilitate synergies between cross-selling and streamlined fulfillment processes across the Home Depot’s Pro ecosystem, which caters to professional builders, contractors, and remodelers.

For SRS Distribution, the acquisition signifies a pivotal step in strengthening its distribution capabilities and enhancing its value proposition to professional customers. According to Ted Decker, Chair, President, and CEO of The Home Depot, the move is integral to their strategy of offering a comprehensive spectrum of products and services, effectively reinforcing their position as a leading partner for the professional construction industry. Dan Tinker, CEO of SRS Distribution, adds that incorporating Mingledorff’s into their network provides additional convenience and growth potential for professional clients.

Going forward, SRS Distribution will likely focus on integrating Mingledorff’s operations and workforce into its existing framework while leveraging its new capabilities to maximize cross-selling opportunities. Industry observers will be keen to see how the combined entity navigates regulatory environments and market competition, as well as how quickly it can realize the expected synergies and market share gains within the expanding HVAC sector.