GMS Inc. announced that it has acquired Trowel Trades Supply Inc., a single-location distributor based in Colchester, Vt.
Founded in 1968, Trowel Trades serves residential and commercial customers in the greater Burlington, Vt. metro area and related surrounding markets. Trowel Trades offers a full complement of interior building materials as well as masonry and hardscape products.
Trowel Trades will continue to operate under the leadership of current co-branch managers Mike Smullen and Bernie Metivier, both industry veterans with significant Trowel Trades and industry experience.
“We’re excited to welcome the Trowel Trades family to GMS," said Mike Anderson, vice president of the Northeast Division of GMS. "We look forward to Mike, Bernie and the Trowel Trades team working closely with New England Gypsum Supply to better serve customers both in Vermont and across New England with the combined scale and capabilities of the two operations.”
The acquisition of Trowel Trades represents GMS’ entrance into Vermont, expanding its coverage in the U.S. to 44 states. The acquisition also follows recent greenfield expansions in Portland, Maine and Manchester, N.H., reflecting the long-term strategic importance of the New England market.
Trowel Trades will join GMS subsidiary New England Gypsum Supply Inc. and its seven existing branch locations in Massachusetts, Connecticut, Maine and New Hampshire.
The Trowel brand, which has served the Burlington market for over 50 years, will be retained at the Colchester, Vt. location while New England Gypsum Supply locations will continue to operate under their current branding.
In a joint statement, David and Richard Vaughan of Trowel Trades said the following: “We are thrilled to be joining GMS and are excited for the future of our employees, customers and suppliers alike in partnering with a company who shares so many of our core values.”