This past week was a slower one in M&A deal volume, with only two announced deals hitting the $1 billion mark. One of those, though, was an $18.3 billion buy of residential roofing distributor SRS Distribution by Home Depot. Weil Gotshal & Manges advised Home Depot, while Latham counseled SRS.

While the previous few weeks have shown strong M&A volume and value results, this past week underscores that nothing can be taken for granted about the deal market in 2024.