Durham, NC–November 14, 2018 Aiglon Capital, a middle-market, Durham-based private equity firm, is pleased to announce the successful sale of Arrow Building Center (ABC), also known as Consolidated Lumber Company, to Angeles Equity Partners and Clearlake Capital Group portfolio company American Construction Source (ACS). This exit highlights Aiglon’s investment strategy of partnering with management teams, family offices, and institutionally-sponsored limited partnerships to build market-leading manufacturing and distribution companies.
Based in Stillwater, Minnesota, ABC is one of the largest nationally-ranked building products distributors. The company supplies building and construction materials to the commercial and residential markets out of its 16 branches located in Wisconsin and Minnesota. ABC serves a diverse customer base of over 1,000 professional contractors, home builders, and DIY customers. The Company is known as one of the most trusted service providers in the industry due to its excellence in customer service, technical support, and comprehensive portfolio of lumber and building materials (LBM).
Aiglon Capital is a private investment firm founded in 2014 that acquires, manages, and grows lower middle-market manufacturing, distribution, and services companies with annual EBITDA between $2 million and $20 million. Aiglon Capital seeks to invest in companies with attractive positions in their markets, where capital is necessary to enhance future growth of the business or current owners seek liquidity.
We are long-term investors who believe that business success is based on integrity, focus, and experience. We care about the customers, the employees, and the communities of the firms we acquire, and we work hard to protect their interests throughout the acquisition process and while under our leadership. We believe these qualities make Aiglon an attractive partner to increase the value of a business. For more information please go to www.aigloncapital.com