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Announced

Completed

Angeles- and Clearlake-backed American Construction Source completed the acquisition of Weaver Lumber.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private

Household Equipment and Products

Friendly

Majority

Acquisition

Single Bidder

hardware store

Private Equity

Completed

Domestic

Synopsis

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Angeles Equity Partners- and Clearlake Capital-backed American Construction Source, a building materials distribution platform, completed the acquisition of Weaver Lumber, a provider of household tools and supplies. Financial terms were not disclosed. “We are thrilled to join the ACS platform. 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 is the ideal partner to enable us to best serve our customers and accelerate growth of the business,” Brent Weaver, Weaver Lumber CEO.

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