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Angeles and Clearlake Backed ACS to be Acquired by US LBM Founded in 2018 by Angeles and Clearlake, ACS American Construction Source is a leading specialty LBM distribution platform focused on custom home builders and the renovation market News provided by Share this article Share this article LOS ANGELES, Calif. and SPRINGFIELD, Mo., May 25, 2021 /PRNewswire/  Angeles Equity Partners, LLC (together with certain of its affiliates, Angeles ) and Clearlake Capital Group, L.P. (together with certain of its affiliates, Clearlake ) today announced they have signed a definitive agreement to sell American Construction Source ( ACS or the Company ) to US LBM. ACS is a leading lumber and building materials ( LBM ) distribution platform serving custom home builders, repair and remodel contractors, and do-it-yourself homeowners across the United States. Financial terms of the transaction were not disclosed.

United statesSanta monicaTim meyerTrenton waterhouseJames padeJennifer hursonJames drexingerSam heischuberSidley austinLambert coSimpson thacher bartlettAngeles equity partnersAngeles coMoelis companyClearlake capital groupAngeles co founder