Gypsum Management and Supply (GMS), a multi-billion dollar drywall distributor that aims to go public, expanded again today with the announcement that it acquired Wall & Ceiling Supply of South Seattle, Wash.
As is common with GMS, the company will keep its name, and the firm’s leadership team also will remain in place.
With the acquisition–its fourth this year–Tucker, Ga.-based GMS now counts 185 distribution centers across the U.S. It recorded $1.57 billion in revenues in its fiscal year ending April 30, 2015. The privately held company filed a registration statement with the SEC last July as a prelude to going public, but as yet it hasn’t acted on those plans.
