ACS acquires Freeborn Lumber Company

LOS ANGELES — American Construction Source (ACS), a national building materials platform for custom home builders and repair and remodel contractors, backed by Angeles Equity Partners and Clearlake Capital Group, has acquired Freeborn Lumber Company located in Albert Lea, Minnesota. Freeborn, which serves areas of Southern Minnesota and Northern Iowa, will operate under the Arrow Building Center brand.

ABC provides custom home builders, building professionals, and DIY customers a comprehensive portfolio of lumber and building materials products, component manufacturing, and specialty services in Minnesota and Wisconsin markets. Financial terms of the transaction were not disclosed.

“We are pleased to add Freeborn, which has been serving customers in Minnesota and Iowa since 1946, to our growing portfolio of service-oriented lumber and building materials locations,” said James Drexinger, CEO of ACS. “We look forward to providing the same friendly service Freeborn customers have come to rely upon, coupled with the efficient ‘Arrow Experience’, as we remain focused on best practices, operational excellence and the best possible service in the local markets we serve.”

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Freeborn has been in operation since 1946, specializing in design for homes, kitchen & bath, additions, remodels, and agricultural buildings.

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