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Last updated May 21, 2026 (about 3 months ago).

capital · May 21, 2026

Home Depot Acquires Mingledorff’s to Add HVAC Distribution Vertical

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Home Depot acquires Mingledorff’s HVAC distributor with 42 locations across five Southeastern states on or around May 13, 2026. Acquisition adds fifth SRS vertical to platform of over 1,300 SRS branches, 325 warehouses and 16,000 delivery assets, expanding total addressable market to $1.2 trillion in $100 billion HVAC segment. Ted Decker states Mingledorff’s enables national HVAC parts penetration leveraging enterprise scale. Home Depot reports Q1 fiscal 2026 sales of $41.8 billion in same announcement.

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