Initial Public Offering

Industrial
Initial Public Offering

Summary

Baird served as a bookrunner on this offering.

About

GMS Inc. (“GMS” or the “Company”) (NYSE: GMS), a portfolio company of AEA Investors LP, recently completed an initial public offering of 8,050,000 shares of common stock (including full exercise of the overallotment option) at a price of $21 per share, generating gross proceeds of approximately $169.1 million. The Company intends to use the net proceeds to repay a portion of its outstanding indebtedness.

GMS is the leading North American distributor of wallboard and suspended ceilings systems. The Company’s product offering of wallboard, suspended ceilings systems, or ceilings, and complementary interior construction products is designed to provide a comprehensive solution for its core customer, the interior contractor who installs these products in commercial and residential buildings. Founded in 1971, GMS operates a national network of distribution centers across the United States. With a full line of product offerings, the Company provides a comprehensive solution, or one-stop-shop, for all of its customers for wallboard, ceilings and complementary products. GMS is headquartered in Tucker, Georgia.

For additional information about this transaction, please contact:

Jason Kliewer +1 (813) 273-8242
Tom Lange +1 (813) 273-8248
Chris Cooper +1 (704) 553-6610
Chris Coetzee +1 (312) 609-4913
Peter Kies +1 (414) 765-7262
David Silver +44 (207) 667-8216
Industrial
Initial Public Offering
Date
May 2016
Company
GMS Inc.
Transaction
M&A
Sectors
Industrial
Target Location
North America

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