Betting On Big Remodel
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 28 March 2024
⏱️ 29 minutes
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| 0:00.0 | Home Depot's largest acquisition ever is all about the pros. |
| 0:07.0 | Motley Full Money starts now. |
| 0:10.0 | Welcome to Motley Full Money. I'm Deidrow Willard here with Motley Full Analyst |
| 0:17.6 | Bill Barker. Bill, how's your Thursday going? |
| 0:19.6 | It's going great. Thanks. Well one of the things that's happening today, |
| 0:23.5 | an acquisition on a Thursday. |
| 0:25.2 | Usually, we see them come in on a Sunday night. |
| 0:27.8 | It involves one of my favorite company's Home Depot. |
| 0:30.9 | I got up and went to the computer. I'm excited about it. I'm interested in it. So let's talk about what it is. It's a company |
| 0:38.7 | called SRS Distribution and if you haven't heard of it you're in good company there's |
| 0:44.9 | spending a reported 18.25 billion biggest acquisition the company has ever |
| 0:49.9 | made so SRS distribution what is it? Why is this appealing? |
| 0:56.0 | Well, it's as it declares in the press release a leading specialty residential specialty |
| 1:02.0 | trade distribution, working across professional roofing, |
| 1:06.6 | landscaping, and pool contractor supplies. |
| 1:11.0 | So a healthy amount of, you know, the professional outdoor and roofing work goes through |
| 1:20.5 | SRS. It's a segment of the market that is getting more interest lately, including from |
| 1:28.4 | Bradley Jacobs, whose next venture QXO is going to be doing work and sort of rolling up some of this very fragmented |
| 1:38.8 | part of the market and expands Home Depot is already healthy professional services sales. |
| 1:45.0 | Brad Jacobs, the only man who loves the letter X as much as Elon Musk. |
| 1:49.0 | All of his companies seem to have an X in them. |
| 1:52.0 | I want to talk a little bit about All of his companies seem to have an X in them. |
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