Home Depot has announced its acquisition of GMS, a distributor of specialty building materials, for approximately $4.3 billion. This strategic move aims to bolster Home Depot's appeal to professional contractors and home improvement specialists. By integrating GMS's distribution network and product offerings, Home Depot seeks to capture a larger share of the professional market, capitalizing on the demand for specialized building materials and services. The acquisition underscores Home Depot's commitment to expanding its reach beyond the DIY consumer base and establishing a stronger foothold in the professional construction sector.