Simpson Thacher represented American Construction Source in the transaction.
American Construction Source LLC, a portfolio company of Angeles Equity Partners, LLC and Clearlake Capital Group, L.P., completed its purchase of certain assets held by Builder’s Resource Group, Inc. The transaction closed in January 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 acquisition of Builder’s Resource Group is the eighth acquisition by ACS under sponsorship by Angeles and Clearlake.
The Simpson Thacher team advising American Construction Source included Greg Klein (Picture), Daniel Switts and Claire Hutar (M&A).
Law Firms: Simpson Thacher & Bartlett;
Clients: American Construction Source;