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Subsequent Events
6 Months Ended
Oct. 31, 2021
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
On December 1, 2021, the Company acquired AMES Taping Tools Holding LLC (“AMES”) for a preliminary purchase price of $212.5 million in cash. AMES is the leading provider of automatic taping and finishing (“ATF”) tools and related products to the professional drywall finishing industry. The acquisition of AMES was primarily funded with borrowings under the Company's ABL Facility.
Also on December 1, 2021, the Company acquired the assets of Kimco Supply Company (“Kimco”). Kimco is an interior building products distributor through two locations in the Tampa, Florida area.

On November 30, 2021, the Company amended its ABL Facility to, among other things, increase the commitments thereunder by $100.0 million from $445.0 million to $545.0 million and change the LIBOR interest rate provisions to SOFR interest rate provisions. After giving effect to the amendment to the ABL Facility and borrowings under the ABL Facility to finance the acquisition of AMES, the Company had available borrowing capacity of approximately $149.5 million as of December 1, 2021 under the ABL Facility.