US LBM has completed the acquisition of American Construction Source (“ACS”) from Angeles Equity Partners, LLC and Clearlake Capital Group, L.P.
With the addition of more than 70 locations in Arizona, Arkansas, California, Colorado, Minnesota, Missouri, Nevada, Washington and Wisconsin, US LBM is now the nation’s largest privately owned full-line building materials distributor.
Financial terms of the private transaction were not disclosed. Debt financing for the transaction was led by Barclays and Credit Suisse. Kirkland & Ellis LLP served as legal counsel to US LBM and Bain Capital Private Equity.
US LBM is a leading distributor of specialty building materials in the United States.
