ACS Acquires Wisconsin’s Builders Resource Group
Originally published by: ProSales Magazine — January 25, 2021
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Lumber and building materials distributor American Construction Source (ACS) acquired Builder’s Resource Group (BRG). Wisconsin-based BRG will operate under the Arrow Building Center brand already established by ACS in Wisconsin and Minnesota.
“ACS welcomes the BRG team to our growing portfolio of service-oriented lumber and building materials locations,” James Drexinger, CEO of ACS, said in a news release. “BRG has built a great business, and we are excited to partner with them and their customers.”
The transaction represents the eight acquisition by ACS under sponsorship from private equity firms Angeles Equity Partners and Clearlake Capital Group since it was formed in September 2018.
“We are thrilled to join the ACS platform as part of the Arrow Building Center team,” Mike Baron, owner and general manager of BRG, said. “The ACS track record of integration and growth, combined with the investment experience and value creation capabilities of Angeles and Clearlake, will enable us to better serve BRG customers and accelerate the growth of the business.”
ACS, backed by private equity firms Angeles Equity Partners and Clearlake Capital Group, was formed after purchasing Meek’s Lumber and quickly expanded with the acquisitions of Edwards Building Center, Breceknridge Building Center, and Arrow Building Center in late 2018. The distributor acquired Freeborn Lumber Company in June 2019, Contractor’s Truss Systems in September 2019, Homewood Holdings in February 2020, and Weaver Lumber in July 2020. ACS operates more than 70 locations in 9 states, serving custom home builders, remodelers, and DIY customers. ACS was the 14th largest company on the 2020 ProSales 100 list, generating $576.63 million in pro sales in 2019.