GMS Inc., a North American specialty building products distributor, has entered into an agreement to acquire Kamco Supply Corporation and affiliates. The transaction is expected to close during the fourth quarter of fiscal 2024 for GMS, which ends on April 30.
Founded in 1939 by the Swerdlick family and headquartered in Brooklyn, New York, Kamco is a supplier of ceilings, wallboard, steel, lumber and other related construction products. The company operates five distribution facilities in the Greater New York City area and services the New York metro and tri-state area. For the 12 months ended June 30, 2023, Kamco recorded revenues of approximately $245 million.
Following the close of the transaction, Kamco President Scott Little and the Kamco senior leadership team will continue to lead the business, and the company will continue to operate under the “Kamco” brand as it has for over 80 years.
