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New Deal


Announced

Completed

Angeles Equity Partners and Clearlake Capital Group-backed American Construction Source completed the acquisition of Tanco 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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construction materials

Majority

Domestic

Private

Acquisition

United States

industrial instruments

Friendly

hardware

Building Materials: Other

Private Equity

instruments

Single Bidder

Completed

Synopsis

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Angeles Equity Partners and Clearlake Capital Group-backed American Construction Source American Construction Source, a national building materials distribution platform, completed the acquisition of Tanco Lumber, a company selling hardware and tools. Financial terms were not disclosed. “The Tanco team has built a great business, and we respect the customer relationships they have fostered in Southern Missouri and Northern Arkansas for more than two decades," James Drexinger, ACS CEO.

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