- GMS (NYSE:GMS) has entered into a definitive agreement to acquire substantially all the assets of Westside Building Material for $135M in cash.
- GMS is a North American specialty distributor of interior building products, while Westside Building is one of the largest independent distributors of interior building products in the U.S.
- With the addition of Westside, GMS expands its service position in several Top 100 metro areas in California, the company said.
- The transaction is expected to close early in the third quarter of 2021.