M&A Deal Summary

GMS Acquires Tanner

On January 3, 2023, GMS acquired distribution company Tanner

Acquisition Highlights
  • This is GMS’s 22nd transaction in the Distribution sector.
  • This is GMS’s 26th transaction in the United States.
  • This is GMS’s 1st transaction in New York.

M&A Deal Summary

Date 2023-01-03
Target Tanner
Sector Distribution
Buyer(s) GMS
Deal Type Add-on Acquisition

Target

Tanner

Brooklyn, New York, United States
Tanner is a distributor of fasteners, tools, safety, and related construction products to the broader New York City market. The company is a "Safety First"​ supplier featuring code-compliant concrete anchors for strength design, fall and drop protection systems, and an array of personal protective equipment (PPE). Tanner was formed in 1979 and is based in Brooklyn, New York.

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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 28 of 30
Sector (Distribution) 22 of 22
Type (Add-on Acquisition) 25 of 27
State (New York) 1 of 1
Country (United States) 26 of 27
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-03 Ames Taping Tools

Duluth, Georgia, United States

Ames Taping Tools is a designer, manufacturer, rents, and sells specialized construction equipment used for taping and finishing drywall. Ames Taping Tools was founded in 1939 and is based in Duluth, Georgia.

Buy $213M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-01 Howard & Sons Building Materials

Pomona, California, United States

Howard & Sons Building Materials distributes wallboard, steel framing, and complementary products. Howard & Sons Building Materials is based in Pomona, California.

Buy -