Contractor’s Truss Systems will continue to operate under its brand name after the acquisition. The company provides engineered wood products for residential, commercial, agricultural, and industrial construction.
“Contractor’s Truss Systems joins our other component manufacturing facilities in California, Missouri, and Wisconsin to help our customers complete construction projects on time and under budget,” James Drexinger, CEO of ACS, said in a public statement. “The CTS team looks forward to providing the same personalized and responsive service builders have come to rely upon throughout the Ozarks region for more than a quarter century.”
ACS said component manufacturing helps builders and contractors address skilled labor shortages by leveraging pre-built wall panels, floor trusses, and roof trusses engineered and manufactured in a controlled environment to ensure structures are built to last.
“CTS is excited to join the ACS platform and extend our component manufacturing capabilities beyond our existing customers,” said Contractor’s Truss Systems founders Kent Newman and Teresa Newman. “We believe ACS has the momentum and experienced leadership team to achieve the mission of becoming a leading building products distributor with national scale, personalized service, and the industry’s best customer experience.”
The acquisition is the fifth in the last 11 months by Springfield, Mo.-based ACS. ACS, backed by private firms Angeles Equity Partners and Clearlake Capital Group, was formed after purchasing Meek’s Lumber in September 2018 and quickly expanded with the acquisitions of Edwards Building Center and Breckenridge Building Center. The distributor then acquired Albert Lea, Minn.-based Freeborn Lumber Company in June. ACS operates more than 70 locations across seven states, serving custom home builders, remodelers, and DIY customers. The company debuted at No. 14 on the 2019 ProSales 100, generating $566.3 million in sales. The majority of its revenue (90%) comes from pro customers.