Badgerland Supply bought by Georgia distributor

Madison-based Badgerland Supply, a supplier of building materials with six locations across Wisconsin and Illinois, has been acquired by Gypsum Management and Supply, a Georgia-based building material distributor.

Badgerland’s locations in Madison, Janesville, Hartland, Fond du Lac, and Green Bay, as well as Cherry Valley, Ill., will be added to GMS’ list of more than 160 distribution centers nationwide.

In early 2014, private-equity firm AEA Investors bought a majority stake in GMS for $700 million and ever since the company has been busy buying building supply companies. GMS posted almost $1.6 billion in sales during its most recent fiscal year.