American Construction Source acquiring Builder's Resource Group

American Construction Source (ACS) reported that it has acquired Builder’s Resource Group (BRG).

BRG will operate under ACS’s Arrow Building Center brand with locations in Minnesota and Wisconsin.

This move marks the eighth acquisition made by ACS under financial sponsorship from Clearlake Captial Group and Angeles Equity Partners.

“ACS welcomes the BRG team to our growing portfolio of service-oriented lumber and  building materials locations,” said James Drexinger, CEO of ACS. “BRG has built a great business, and we are excited to partner with them and their customers.”  

“We are thrilled to join the ACS platform as part of the Arrow Building Center team,”  said Mike Baron, owner and general manager of Builder’s Resource Group. “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.”  

Simpson Thacher & Bartlett LLP provided legal counsel to ACS. The financial terms of the transaction were not disclosed. 

Builder’s Resource Group is based in Woodville, Wis.

ACS, based in Springfield, Mo., operates more than 70 locations in 9 states.