American Construction Source acquires Tanco Lumber

American Construction Source (ACS) has acquired Tanco Lumber.

Tanco operates locations in Branson West and Forsyth, Mo. Following the acquisition, Tanco will continue to operate under its existing brand name. Terms of the deal were not disclosed.

This move arrives nearly a month after US LBM’s announcement that it is acquiring ACS and its 70-plus locations. That deal is expected to close in the third quarter.

The acquisition of Tanco is the 10th made by ACS under sponsorship from Angeles Equity Partners, LLC and Clearlake Capital Group, L.P.    

“ACS welcomes Tanco to our platform of service-oriented lumber and building materials locations,” said James Drexinger, CEO of ACS.  “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.”

“We are confident ACS is the best partner to help accelerate growth by delivering more value-added products and an expanded portfolio of services to local builders, contractors, and residents of the Branson Tri-Lakes area,” said Tanco owners John and Carla Stauffer.  “The ACS technology investments and national scale will enable Tanco to better serve our customers for generations to come.”      

Simpson Thacher & Bartlett LLP provided legal counsel to ACS.  

ACS operates more than 70 locations in 9 states.