Weaver Lumber, Redding, Ca., has been acquired by American Construction Source, an LBM distribution platform owned by Angeles Equity Partners and Clearlake Capital Group.
Founded in 1963, Weaver will continue to operate under its existing brand name.
“We are thrilled to join the ACS platform,” said Brent Weaver, CEO of Weaver Lumber. “ACS brings a deep level of operating expertise and a successful track record of integration and growth. Angeles and Clearlake have significant investment experience creating value and helping businesses achieve their full potential.”
ACS now operates more than 70 locations in nine states under various brands, including Meeks, Homewood Lumber, and Breckenridge Building Center.