American Construction Source Acquires Builders Useful resource Team

The Eighth Transaction by ACS Expands LBM Distribution Potential in Wisconsin

SPRINGFIELD, Mo.–(Business enterprise WIRE)–January 20, 2021–

American Development Source (“ACS”), a primary national making products distribution platform for customized residence builders and fix and remodel contractors, backed by Angeles Equity Partners, LLC (“Angeles”) and Clearlake Money Team, L.P. (alongside one another with its affiliate marketers “Clearlake”), currently declared the acquisition of Builder’s Resource Team (“BRG”). BRG will work below the Arrow Developing Middle manufacturer previously founded in Minnesota and Wisconsin. BRG marks the eighth acquisition by ACS underneath sponsorship from Clearlake and Angeles.

“ACS welcomes the BRG team to our growing portfolio of service-oriented lumber and constructing materials spots,” explained James Drexinger, CEO of ACS. “BRG has designed a terrific enterprise, and we are fired up to lover with them and their clients.”

“We are thrilled to join the ACS system as aspect of the Arrow Creating Middle crew,” stated Mike Baron, Proprietor and Common Supervisor of Builder’s Useful resource Group. “The ACS keep track of report of integration and advancement, merged with the expenditure practical experience and value creation capabilities of Angeles and Clearlake, will enable us to greater provide BRG shoppers and accelerate the progress of the business enterprise.”

Simpson Thacher & Bartlett LLP supplied authorized counsel to ACS. The fiscal conditions of the transaction were not disclosed.

About Builder’s Useful resource Team

Serving clients for more than 15 many years, Builder’s Source Group’s workforce of house setting up pros provides top quality merchandise and unmatched service to their clientele, supporting good quality homebuilders and remodelers make a greater property for their buyers. The BRG Gain loyalty software rewards builders and contractors for their buys. Understand a lot more online at www.buildersresourcegroup.com.

About American Building Supply

American Design Supply is an LBM distributor with 70+ destinations in 9 states serving the needs of personalized household builders, restore & transform contractors, and Diy buyers. ACS provides lumber and building components businesses the methods, leverage, and aim to make their concepts come about. Recognizing the benefit and heritage of deep, nearby buyer associations as a robust basis for progress, ACS greatest techniques are made to leverage shared strengths, drive operational excellence, and motivate functionality to build a main creating merchandise distributor with a national footprint and the industry’s finest purchaser knowledge. ACS is backed by Angeles Equity Associates and Clearlake Money Group. Find out far more on the internet at www.acs-lbm.com.

About Angeles Fairness Associates, LLC

Angeles Fairness Associates, LLC is a non-public equity firm that invests in companies across a large array of sectors and exclusively targets enterprises which it believes can directly reward from the firm’s strategic, operational, and M&A capabilities. The Angeles ability established drives the firm’s expense philosophy and, in its see, can assist corporations arrive at their total probable. Discover additional online at www.angelesequity.com.

About Clearlake

Clearlake Funds Team, L.P. is a main expenditure business founded in 2006 operating integrated corporations across non-public equity, credit history and other relevant procedures. With a sector-focused method, the agency seeks to companion with planet-class management groups by supplying affected individual, extensive-expression money to dynamic corporations that can benefit from Clearlake’s operational enhancement approach, O.P.S.® The firm’s main concentrate on sectors are technological know-how, industrials and buyer. Clearlake presently has somewhere around $25 billion of belongings under management and its senior financial commitment principals have led or co-led above 200 investments. The agency has places of work in Santa Monica and Dallas. Additional facts is available at www.clearlake.com and on Twitter @ClearlakeCap.

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Trenton Waterhouse, +1 623 523 1672 or e mail [email protected]