SRS Distribution Bolsters HVAC Portfolio with Lohmiller Acquisition

Home Depot's subsidiary SRS Distribution has announced its second acquisition in the HVAC space, this time targeting Colorado-based Lohmiller & Company. The deal marks SRS's continued expansion into the $100 billion HVAC market, which it sees as a key growth area for Home Depot.

Lohmiller distributes Carrier products across four locations in Colorado and employs 220 people. While financial terms of the acquisition were not disclosed, Lohmiller president Tim Brooks stated that the company generated 'just under' $250 million in revenue in 2024.

This deal follows SRS's acquisition of Mingledorff's, the Southeast's largest Carrier distributor, announced in March. Home Depot acquired SRS for over $18 billion in May as part of a push to capture more contractor spending across trades.