American Construction Source acquires Freeborn Lumber
Freeborn will operate under the Arrow Building Center banner.
American Construction Source (ACS) has expanded in the Midwest with the acquisition of Freeborn Lumber Company.
Located in Albert Lea, Minn., Freeborn will now operate under the Arrow Building Center banner, which serves Minnesota and Wisconsin.
The acquisition extends Arrow’s reach into southern Minnesota and Northern Iowa, ACS said. Arrow already operates 16 full-service yards and a new components plant in the region. Terms of the deal were not disclosed.
“We are pleased to add Freeborn, which has been serving customers in Minnesota and Iowa since 1946, to our growing portfolio of service-oriented lumber and building materials locations,” said James Drexinger, CEO of ACS. “We look forward to providing the same friendly service Freeborn customers have come to rely upon, coupled with the efficient ‘Arrow Experience’, as we remain focused on best practices, operational excellence and the best possible service in the local markets we serve.”
Arrow provides lumber and building materials, components and manufacturing to custom home builders, building professionals, and DIY customers. ACS acquired Arrow last November after launching through the acquisition of Meek’s Lumber last September.
According to ACS, Freeborn’s passion for design has been applied to homes, kitchen and bath projects, additions, remodels, and agricultural buildings in the region.
Based in Springfield, Mo., ACS operates more than 70 locations across Arkansas, California, Colorado, Minnesota, Missouri, Nevada and Wisconsin. In addition to Arrow Building Center, ACS’s portfolio of pro dealers includes Meek’s Lumber, Breckenridge Building Center and Edwards Building Center.
ACS is backed by Angeles Equity Partners and Clearlake Capital Group.
No comments found