Georgia-based wallboard and ceiling maker GMS Inc. said this week it has reached a $135 million cash deal to acquire Westside Building Material, one of the largest independent distributors of interior building products in the U.S. Founded in 1935 and based in Anaheim, Calif., Westside is a supplier of steel framing, wallboard, acoustical ceilings, insulation, and related building products. It serves both commercial and residential markets from a distribution network of nine locations across California and one in Las Vegas.
Westside’s current management team, including president Dick Peckham and CEO Bill Peckham, will continue to lead the business under the Westside brand after the close of the transaction, expected early in the third quarter of this year.
