SRS Leans Additional into Cross-Promote Function, Expands HVAC Platform with Lohmiller Deal

Constructing supplies distributor SRS Distribution is doubling down on HVAC with a deal to amass Denver-based Lohmiller & Firm.

Purchased by The House Depot in mid-2024 for $18 billion, SRS mentioned Aug. 10 that it entered right into a definitive settlement to amass Lohmiller — a wholesale distributor of HVAC tools, components and provides serving residential and industrial clients by 4 Colorado places. Phrases weren’t disclosed.

Based in 1990, Lohmiller employs 220 individuals and distributes Service Corp.’s residential, mild industrial and utilized HVAC merchandise. Homeowners and operators Tim Brooks, Mark Brown and Roger Lee will proceed to steer the enterprise following the transaction.

The deal follows SRS’ Could acquisition of Mingledorff’s — a 42-location HVAC distributor serving 5 Southeastern states. That transaction established HVAC as a brand new SRS vertical alongside its roofing and constructing merchandise, inside and building merchandise, panorama and pool companies.

SRS CEO Dan Tinker referred to as Lohmiller “the second addition to our nascent HVAC platform” and famous that each Lohmiller and Mingledorff’s are aligned with Service.

When SRS first introduced the Mingledorff’s deal in March, House Depot mentioned HVAC distribution represented an roughly $100 billion whole addressable market and would enhance its general addressable market to $1.2 trillion. House Depot acquired SRS for about $18.25 billion in 2024, then used SRS to amass specialty constructing merchandise distributor GMS for $5.5 billion in 2025.

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Lohmiller is much less about 4 Colorado branches than what the deal says about SRS’ acquisition playbook. After years during which SRS’ tuck-ins largely deepened current classes, the sequence of GMS, Mingledorff’s and now Lohmiller reveals SRS more and more utilizing M&A so as to add total Professional-facing verticals after which scale them regionally.

House Depot has telegraphed this technique for a number of years: win extra share of pockets by giving giant Professionals extra merchandise, success and commerce companies throughout the total challenge. When GMS was introduced in 2025, House Depot mentioned first-year SRS synergies already included cross-selling services and products and increasing enterprise commerce credit score. When Mingledorff’s closed in Could, House Depot explicitly pointed to cross-selling and streamlined success throughout its Professional ecosystem.

Lohmiller makes HVAC look much less like a one-off adjacency and extra like a repeatable platform. With Mingledorff’s within the Southeast and Lohmiller in Colorado, SRS is starting to plant geographic nodes that may broaden its attain with builders, normal contractors and multifamily clients — the identical clients already shopping for roofing, interiors and different constructing merchandise.