SRS Distribution, the specialty trade arm of The Home Depot, has officially scooped up Peachtree Corners based Mingledorff's, closing the deal on May 11, 2026. The long-running southeastern HVAC wholesaler is now part of SRS's growing national distribution network, bringing roughly 42 Mingledorff's locations across the Southeast under the same roof. It also marks SRS's first big move into dedicated HVAC distribution. For Atlanta area contractors, a hometown supplier just got plugged into a much larger operation with deeper logistics and buying power.
Deal details and scale
According to a May 11 press release from The Home Depot, SRS Distribution completed the acquisition and added HVAC as a new vertical for its pro-focused business. The company says the move bumps The Home Depot's total addressable market to about $1.2 trillion and confirms that Mingledorff's senior leadership will stay in place. What Home Depot did not share is the purchase price, which remains under wraps.
Mingledorff's roots and reach
Mingledorff's has been in the game since 1939 and lists its headquarters at 6675 Jones Mill Ct. in Peachtree Corners, with more than 41 branches across Alabama, Georgia, Florida (panhandle), Mississippi and South Carolina, according to Mingledorff's. The family founded distributor holds longstanding Carrier and Bryant distribution rights in parts of the Southeast and supplies both residential and commercial HVAC contractors. That regional footprint hands SRS an instant entry into service and replacement markets that generate steady contractor demand.
Where the deal fits in Home Depot's strategy
The acquisition follows The Home Depot's 2024 purchase of SRS Distribution, which positioned SRS as an independent business unit intended to deepen the retailer's reach with professional contractors, as outlined in the company's earlier announcement. Since joining Home Depot, SRS has been executing tuck in acquisitions to build specialty verticals and branch density. Analysts say that approach helps the retailer sell into larger, pro-level project budgets. The Mingledorff's deal is the first time SRS has bolted on a dedicated HVAC platform at this scale.
What contractors and competitors should watch
Industry analysis says the HVAC addition lets SRS pitch a broader one stop proposition, combining equipment, parts, jobsite delivery and trade credit in a single relationship, according to Distribution Strategy Group. That kind of package could squeeze independent wholesalers on price and convenience. For contractors, the potential upside is faster access to hard-to-find parts and more integrated fulfillment across an expanded branch network. Competitors will be watching closely to see whether SRS rebrands local stores or keeps the Mingledorff's name as a regional banner.
Leadership and next steps
Local reporting from the Atlanta Business Chronicle notes that Mingledorff's president David Kesterton and his senior team are expected to remain with the business under SRS. The coverage also confirms that the purchase price was not disclosed and that the transaction was expected to be funded with a mix of cash and debt, per market reports. SRS and Mingledorff's say integration work will start right away while branch operations continue during the transition.
Bottom line for Atlanta pros
For local HVAC contractors, Mingledorff's branches will now plug into SRS's national logistics, contractor platforms and purchasing scale, including SRS's branch tools and delivery networks, per SRS Distribution. That could translate into expanded inventory and more flexible delivery options in the coming months, even as independent distributors keep a close eye on any shifts in pricing and service. The Peachtree Corners hub is expected to remain a key piece of regional operations while SRS folds HVAC into its broader trade distribution network.
