November 3, 2021 (Suwanee, GA) — AMES Taping Tools, the leading provider of automatic taping and finishing (ATF) tools, supplies, and training to the professional drywall finishing industry, is pleased to announce today that it has entered into a definitive agreement to be acquired by GMS Inc. (NYSE: GMS), a leading North American specialty distributor of interior building products.

“GMS offers an exciting opportunity for AMES to continue to provide our customers with the best product offerings and superior services,” said Jay Davisson, President and CEO of AMES Taping Tools. “Building on our strong, existing relationships, we are looking forward to bringing our customer-first culture and industry expertise to GMS to create a best-in-class product and service experience for customers and growth opportunities for our employees.”

John C. Turner, President and Chief Executive Officer of GMS added, “We are pleased to welcome the AMES team to GMS and provide a full suite of offerings for interior contractors and drywall finishers. AMES’ highly-respected brands, strong customer relationships and entrepreneurial culture aligns well with our strategic priorities and provides an excellent opportunity for GMS to expand our presence in the growing ATF tools market.”

AMES services customers through its multi-channel distribution model including:

1. AMES Stores – supplies, supports and services residential and commercial interior finishing applications through a network of 85 company-owned stores.
2. Dealer Distribution – sales of market-leading TapeTech® Automatic Taping and Finishing Tools and related TapeTech® branded products through dealers and distributors worldwide.
3. All-Wall.com – Leading E-Commerce retailer of specialty interior finishing tools and related products.

For more information on available products and services, visit www.amestools.com, www.tapetech.com and www.all-wall.com.

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About AMES Taping Tools

Headquartered in Suwanee, Georgia, AMES Taping Tools is the industry’s leading provider of drywall finishing tools, supplies and training. AMES pioneered the development of automatic taping and finishing tool technology in the 1930s, dramatically improving the speed, quality and efficiency of the professional finisher. AMES supplies, supports and services residential and commercial interior finishing applications through a network of 85 company-owned stores. For more information, visit AMES at www.amestools.com or call 800-303-1827.

About GMS
Celebrating the 50^th anniversary of its founding in 1971, GMS operates a network of more than 280 distribution centers across the United States and Canada. GMS’s extensive product offering of wallboard, suspended ceilings, steel framing and complementary construction products is designed to provide a comprehensive one-stop-shop for our core customer, the interior contractor who installs these products in commercial and residential buildings. For more information about GMS, please visit www.gms.com