US LBM Acquires American Construction Source from Angeles and Clearlake

July 6, 2021

US LBM Holdings has agreed to acquire American Construction Source (ACS) from Angeles Equity Partners and Clearlake Capital. ACS is a specialty lumber and building materials distributor operating 70+ locations across nine states; the deal expands US LBM’s footprint in the Midwest, Western and Northwestern U.S. Financial terms were not disclosed and the transaction closed in mid‑2021 after customary approvals and financing led by Barclays and Credit Suisse.

Buyers
US LBM Holdings
Targets
American Construction Source
Sellers
Angeles Equity Partners, Clearlake Capital Group, L.P.
Location
Missouri, United States
Transaction Type
Buyout

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