• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    The Home Depot Enters into Agreement to Acquire Construction Resources Parent Company, International Designs Group

    11/20/23 4:10:00 PM ET
    $HD
    RETAIL: Building Materials
    Consumer Discretionary
    Get the next $HD alert in real time by email

    Acquisition Expected to Accelerate Capabilities to Better Serve the Pro Customer's Complex Project Needs

    ATLANTA, Nov. 20, 2023 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, has entered into a definitive agreement to acquire International Designs Group (IDG), a platform company that owns and operates Construction Resources and other design-oriented subsidiaries. Construction Resources is a leading distributor of design-oriented surfaces, appliances and architectural specialty products for professional (Pro) contractors focused on renovation, remodeling, residential home building and multi-family.

    The Home Depot logo. (PRNewsFoto/The Home Depot) (PRNewsFoto/)

    The Pro spend represents a $475 billion addressable market, and The Home Depot is focused on capturing a larger share by building capabilities to serve Pros of all sizes – from Pros working on smaller jobs to larger, more complex projects. The acquisition combines Construction Resources' expertise in complex, cross-category professional projects with The Home Depot's scale, product authority and distribution expertise. With showrooms across the East Coast and Southeast, Construction Resources allows The Home Depot to expand the capabilities it offers Pro customers, many of whom rely on showrooms as part of their consultative approach to complex renovation and remodel jobs.

    "Almost all Pros interact with The Home Depot, but their level of engagement varies based on the complexity of their projects. We're building capabilities to ensure we can serve all Pros across all their project needs – whether we're the last stop on the way to the jobsite, or their first consideration when building a project design," said Ted Decker, chair, president and CEO of The Home Depot. "Construction Resources helps us accelerate our Pro growth opportunity with a successful showroom model, an exceptional sales force, and proven, long-term relationships with renovator, remodeler and residential new-construction Pros. We look forward to working with Mitch Hires and the outstanding leadership team at Construction Resources and are excited for the opportunity ahead."

    "We're thrilled to join The Home Depot team, because their customer- and associate-focused culture aligns so well with Construction Resources' commitment to excellence in serving our customers," said Mitch Hires, CEO of Construction Resources. "The Home Depot's scale, operational expertise and product innovation is unmatched in our industry, and I'm confident the combination of our capabilities will bring tremendous value to the Pros and homeowners who rely on us every day."

    The Home Depot agreed to acquire IDG from Mill Point Capital LLC, a private equity firm focused on control-oriented investments in the business services, industrials and IT services sectors. The acquisition is expected to close by the end of 2023.

    The Home Depot is building a unique, interconnected ecosystem to help Pros build their businesses. The company has comprehensive offerings and capabilities for Pros, including its ProXtra loyalty program, job-lot quantities of the right assortment of brands, digital tools and personalized experiences, a variety of fulfillment options with reliable delivery and prioritization for Pros, a dedicated salesforce, and other value-added offerings like credit, tool rental, quote center and more. For more information, visit www.homedepot.com/ProXtra or visit the Pro Desk at a local Home Depot store.

    About The Home Depot

    The Home Depot is the world's largest home improvement specialty retailer. At the end of the third quarter of fiscal year 2023, the company operated a total of 2,333 retail stores in all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The company employs approximately 470,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE:HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.

     

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/the-home-depot-enters-into-agreement-to-acquire-construction-resources-parent-company-international-designs-group-301993941.html

    SOURCE The Home Depot

    Get the next $HD alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $HD

    DatePrice TargetRatingAnalyst
    5/21/2025$425.00Hold → Buy
    Stifel
    4/4/2025Buy → Hold
    Gordon Haskett
    2/26/2025$356.00 → $410.00Reduce → Hold
    HSBC Securities
    11/8/2024$360.00 → $455.00Market Perform → Outperform
    Telsey Advisory Group
    10/22/2024$451.00Mkt Perform
    Bernstein
    10/9/2024$360.00 → $460.00Hold → Buy
    Loop Capital
    10/2/2024$450.00Accumulate → Buy
    Gordon Haskett
    7/16/2024$426.00Buy
    Jefferies
    More analyst ratings

    $HD
    SEC Filings

    See more
    • SEC Form SD filed by Home Depot Inc.

      SD - HOME DEPOT, INC. (0000354950) (Filer)

      5/29/25 4:10:50 PM ET
      $HD
      RETAIL: Building Materials
      Consumer Discretionary
    • Home Depot Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

      8-K - HOME DEPOT, INC. (0000354950) (Filer)

      5/28/25 5:01:05 PM ET
      $HD
      RETAIL: Building Materials
      Consumer Discretionary
    • Home Depot Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - HOME DEPOT, INC. (0000354950) (Filer)

      5/20/25 6:13:09 AM ET
      $HD
      RETAIL: Building Materials
      Consumer Discretionary

    $HD
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Home Depot upgraded by Stifel with a new price target

      Stifel upgraded Home Depot from Hold to Buy and set a new price target of $425.00

      5/21/25 8:40:06 AM ET
      $HD
      RETAIL: Building Materials
      Consumer Discretionary
    • Home Depot downgraded by Gordon Haskett

      Gordon Haskett downgraded Home Depot from Buy to Hold

      4/4/25 12:16:31 PM ET
      $HD
      RETAIL: Building Materials
      Consumer Discretionary
    • Home Depot upgraded by HSBC Securities with a new price target

      HSBC Securities upgraded Home Depot from Reduce to Hold and set a new price target of $410.00 from $356.00 previously

      2/26/25 7:09:44 AM ET
      $HD
      RETAIL: Building Materials
      Consumer Discretionary

    $HD
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Brenneman Gregory D bought $999,767 worth of $.05 Common Stock (2,884 units at $346.66) (SEC Form 4)

      4 - HOME DEPOT, INC. (0000354950) (Issuer)

      3/18/25 4:35:09 PM ET
      $HD
      RETAIL: Building Materials
      Consumer Discretionary

    $HD
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • The Home Depot Names Angie Brown EVP and Chief Information Officer

      ATLANTA, May 29, 2025 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today announced that Angie Brown has been named executive vice president (EVP) and chief information officer (CIO). As CIO, Brown will be responsible for all aspects of the company's technology strategy, infrastructure, cybersecurity and software development for The Home Depot's 2,350 retail stores and more than 790 branches, its supply chain facilities, store support centers and online systems. "Angie is an exceptional leader whose customer-first mindset consistently drives m

      5/29/25 5:22:00 PM ET
      $HD
      RETAIL: Building Materials
      Consumer Discretionary
    • The Home Depot Declares First-Quarter Dividend of $2.30

      ATLANTA, May 22, 2025 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today announced that its board of directors declared a first-quarter cash dividend of $2.30 per share. The dividend is payable on June 18, 2025, to shareholders of record at the close of business on June 5, 2025. This is the 153rd consecutive quarter the company has paid a cash dividend. The Home Depot is the world's largest home improvement specialty retailer. At the end of the first quarter, the company operated a total of 2,350 retail stores and over 790 branches across all

      5/22/25 4:11:00 PM ET
      $HD
      RETAIL: Building Materials
      Consumer Discretionary
    • NYSE Content Advisory: Pre-Market update + Home Depot reaffirms full-year outlook

      NEW YORK, May 20, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.  Kristen Scholer delivers the pre-market update on May 20th Traders shrugged off a downgrade late Friday of the U.S. Government's credit by Moody's. The S&P 500 ended Monday just 3% from its February record. Treasury yields jumped after Moody's cut U.S. credit from AAA to AA1.NYSE-listed Home Depot released earnings this morning. The company said it won't raise prices due to tariffs and reaffirmed its full-year forecast. Shares of the sto

      5/20/25 8:55:00 AM ET
      $APLE
      $HD
      $ICE
      $IOT
      Real Estate Investment Trusts
      Real Estate
      RETAIL: Building Materials
      Consumer Discretionary

    $HD
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • New insider Brown Angie claimed ownership of 3,792 units of $.05 Common Stock (SEC Form 3)

      3 - HOME DEPOT, INC. (0000354950) (Issuer)

      6/9/25 4:06:59 PM ET
      $HD
      RETAIL: Building Materials
      Consumer Discretionary
    • EVP - Supply Chain & Prod. Dev Deaton John A. exercised 8,892 units of $.05 Common Stock at a strike of $142.21 and sold $3,289,951 worth of $.05 Common Stock (8,892 units at $369.99), decreasing direct ownership by 0.00% to 14,490 units (SEC Form 4)

      4 - HOME DEPOT, INC. (0000354950) (Issuer)

      6/4/25 4:33:49 PM ET
      $HD
      RETAIL: Building Materials
      Consumer Discretionary
    • EVP, Gen. Counsel & Corp. Sec. Roseborough Teresa Wynn sold $1,996,328 worth of $.05 Common Stock (5,406 units at $369.28), decreasing direct ownership by 24% to 17,367 units (SEC Form 4)

      4 - HOME DEPOT, INC. (0000354950) (Issuer)

      5/29/25 4:17:29 PM ET
      $HD
      RETAIL: Building Materials
      Consumer Discretionary