M&A Deal Summary

GMS Acquires J.P. Hart Lumber - Acoustical & Drywall Supply Operations

On June 3, 2019, GMS acquired distribution company J.P. Hart Lumber - Acoustical & Drywall Supply Operations from J.P. Hart Lumber

Acquisition Highlights
  • This is GMS’s 19th transaction in the Distribution sector.
  • This is GMS’s 22nd transaction in the United States.
  • This is GMS’s 3rd transaction in Texas.

M&A Deal Summary

Date 2019-06-03
Target J.P. Hart Lumber - Acoustical & Drywall Supply Operations
Sector Distribution
Buyer(s) GMS
Sellers(s) J.P. Hart Lumber
Deal Type Divestiture

Target

J.P. Hart Lumber - Acoustical & Drywall Supply Operations

San Antonio, Texas, United States
J.P. Hart Lumber Co. - Acoustical & Drywall Supply Operations is a distributor of drywall, metal studs, insulation, and ceiling tiles through two locations in San Antonio, TX and one location in La Feria, TX.

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Buyer(S) 1

Buyer

GMS

Tucker, Georgia, United States

Category Company
Founded 1971
Sector Distribution
Employees5,308
Revenue 4.6B USD (2022)
DESCRIPTION

GMS is an independent distributor of drywall, acoustical and other specialty building materials in the United States. GMS was founded in 1971 and is based in Tucker, Georgia.


DEAL STATS #
Overall 23 of 30
Sector (Distribution) 19 of 22
Type (Divestiture) 3 of 3
State (Texas) 3 of 3
Country (United States) 22 of 27
Year (2019) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-05 Commercial Builders Group

LaPlace, Louisiana, United States

Commercial Builders Group LLC is a full-service gypsum specialty dealer with a complete line of interior and exterior wall and ceiling products. CBG offers commercial and residential contractors and builders with all of their wall and ceiling needs. Commercial Builders Group LLC was founded in 2005 and is based in LaPlace, Louisiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-04 Rigney Building Supplies

Kingston, Ontario, Canada

Rigney Building Supplies Ltd. is a distributor of interior building materials, as well as masonry and landscaping products. Rigney Building Supplies is based in Kingston, Ontario.

Buy -

Seller(S) 1

SELLER

J.P. Hart Lumber

San Antonio, Texas, United States

Category Company
Founded 1939
Sector Distribution
DESCRIPTION

J.P. Hart Lumber is a distributor of building components for residential and commercial products. J.P. Hart Lumber was founded in 1939 and is based in San Antonio, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1