American Construction Source Acquires Foley Lumber & Milaca Building Center
April 2, 2021
American Construction Source (ACS), the national LBM distribution platform backed by Angeles Equity Partners and Clearlake Capital, acquired Foley Lumber and Milaca Building Center in Minnesota. The bolt-on deal expands ACS's building materials distribution capacity and local service footprint in North Central Minnesota and the greater Minneapolis–St. Paul market; financial terms were not disclosed.
- Targets
- Foley Lumber, Milaca Building Center
- Sellers
- Chris Kotsmith, Randy Kotsmith
- Platforms
- American Construction Source
- Industry
- Building Products
- Location
- Minnesota, United States
- Transaction Type
- Addon
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