American Construction Source Acquires Tanco Lumber
06.29.21
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Simpson Thacher represented American Construction Source LLC, a portfolio company of Angeles Equity Partners, LLC and Clearlake Capital Group, L.P., in connection with its purchase of certain assets held by Tanco Lumber, with locations in Branson West and Forsyth, Missouri. The transaction closed in June 2021. Financial terms were not disclosed.
American Construction Source (“ACS”) is a leading national building materials distribution platform for custom home builders and repair and remodel contractors. The transaction marks the tenth acquisition by ACS under sponsorship from Angeles and Clearlake.
The Simpson Thacher team included Greg Klein and Jonathan Conigliari (M&A).