Richards Building Supply grows in North Carolina
The building products distributor has acquired two GMA Supply locations.
Richards Building Supply has expanded with the addition of two North Carolina locations formerly known as GMA Supply.
The branches, located in Holly Springs and Concord, were owned by Sean Mayefskie for 20 years and have served area contractors and builders, Richards Building Supply said. Terms of the acquisition were not disclosed.
“This new venture brings growth beyond traditional distribution practices. Owner Sean Mayefskie is already further serving the GMA customer base leveraging the relationships of Richards Building Supply,” said Ronald Guzior, president and CEO of Richards Building Supply.”
“We are excited to invest our resources and have Sean on board to continue his vision of developing this business well beyond its successful first two decades. As with every acquisition, we’re grateful for the addition of new talent and look forward to learning from them on how to better serve our family businesses as one,” Guzior added.
Mayefskie noted that GMA Supply was named after the initials of his children and Richards is a solid fit for his company.
“My wife and I are proud to report they have all grown and are pursuing their dreams in professional careers outside of the family business,” he said. “It brings great comfort in knowing that the search for a strategic buyer has core values focused on the personal and professional development of the employees who made GMA Supply possible.”
Based in Homer Glen, Ill. Richards Building Supply operates more than 60 locations in 12 states.
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