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Springfield, MO
Springfield-based American Construction Source, the company formed in 2018 to buy Meek’s Lumber Co., announced a new acquisition.
The purchase of Wisconsin-based Builder's Resource Group was completed for undisclosed terms, according to a news release issued today.
“ACS welcomes the BRG team to our growing portfolio of service-oriented lumber and building materials locations,” said James Drexinger, CEO of ACS, in the release. “BRG has built a great business, and we are excited to partner with them and their customers.”
Through the deal, ACS is building on its existing presence in the Minnesota and Wisconsin markets under the Arrow Building Center brand.
ACS was formed by Angeles Equity Partners LLC and Clearlake Capital Group LP to buy the Springfield-based, family-owned Meek’s in September 2018. Drexinger was named the new CEO of Meek’s and ACS at that time, with the new company establishing its national headquarters in Springfield, according to past reporting. ACS operates at 1311 E. Woodhurst Drive in the Woodhurst Office Park, according to its website.
The BRG deal marks ACS' eighth acquisition since its formation. Last year, the company bought Homewood Holdings LLC, doing business in central and northern California, the Seattle area and central Arizona.
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