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US LBM has reached an agreement to acquire American Construction Source, Springfield, Mo. Adding ACS’s 70+ locations will increase US LBM’s holdings to nearly 400 facilities nationwide.
Nine of ACS’s 12 brands operate in the West, including Meek’s, Homewood, Weaver Lumber, Breckenridge Building Center, Custom Choice Door, Evergreen Lumber, Eagle Creek Siding, Edwards Building Center, and The Door Mill. Overall, it has operations in Arizona, Arkansas, California, Colorado, Minnesota, Missouri, Nevada, Washington and Wisconsin.
“With the addition of the ACS portfolio, US LBM will strengthen our position in the Midwest and California, and expand our reach to Colorado and Washington, two quickly growing construction markets,” said US LBM president and CEO L.T. Gibson. “We look forward to working with the ACS team and their local operators to continue leveraging their strong relationships, experience and teams to grow in their respective markets.”
“ACS joining US LBM is a perfect outcome based on the alignment of our shared strategy to preserve longstanding local lumberyard brands and operations while delivering a great customer experience,” said James Drexinger, CEO of ACS. “We are grateful to our customers, suppliers, leadership team, salespeople and associates for their support. Together we have built a significant industry platform while simultaneously honoring the 100-plus year heritage of the local brands and family legacies we have acquired.”
ACS was founded in 2018 by Angeles Equity Partners and Clearlake Capital.