Gypsum Management and Supply, Inc., Tucker, GA, distributor of wallboard, acoustical and other specialty building products in the U.S., has agreed to sell a majority equity stake to AEA Investors LP. The transaction is expected to close in the first quarter of 2014. GMS operates in 30 states through more than 140 branch locations.

"The GMS transaction is yet another example of the strong investor appetite for building products and materials companies," said Ryan Nelson, a managing director at Harris Williams & Co, the financial advisor to GMS. “We expect interest in the sector to continue as the residential and commercial construction markets return to normalized levels.”