Cook & Boardman Expands Its Reach Through Acquisition
The Cook & Boardman Group LLC, also known as C&B, is making headlines with its strategic acquisition of Building Material Supply Inc (BMSI). This move is part of C&B's ongoing efforts to broaden their nationwide total opening solutions and enhance their position in the market.
Building Material Supply Inc: A Trusted Partner
BMSI, founded in 1997, is well-regarded for its architectural specialty building products, particularly in the Division 10 category. With a reputation built on excellent customer service and longstanding relationships, BMSI has proudly served clients throughout the Midwest and Southwest. Now, as part of the significant Cook & Boardman family, they are poised for even greater success.
Leadership Insight
David Eisner, Chief Executive Officer of C&B, expressed his enthusiasm about welcoming BMSI into the fold, highlighting their stellar reputation and commitment to customer service. He emphasized the importance of this acquisition in expanding C&B's product offerings, particularly in Division 10 products.
Jeff Lehman, the former Owner of BMSI and now its General Manager, echoed this sentiment. He is excited about joining forces with C&B, stating that this collaboration will allow them to reach more customers while maintaining their dedication to outstanding service. With this acquisition, both firms are eager to innovate and drive results in an evolving market.
The Continuity of Service
Despite the changes in ownership, BMSI will continue to operate under its established name. This provides a sense of familiarity and continuity for their customers, ensuring that all existing customer contacts will remain the same post-acquisition.
Impact of Equity Partnership
This acquisition marks a significant milestone for Cook & Boardman, representing its twelfth acquisition since being acquired by Platinum Equity in 2023. The partnership with Platinum Equity has enabled C&B to enhance its operational capabilities and expand its market share effectively. With Littlejohn & Co., LLC as a minority shareholder, C&B has the backing needed to pursue ambitious growth plans.
About Cook & Boardman Group
Founded in 1955, the Cook & Boardman Group stands as the leading provider of integrated access and security solutions across the nation. Their extensive network allows them to offer a comprehensive range of products and services, including commercial doors, frames, hardware, electronic access control equipment, and specialty products. C&B also excels in systems integration services, offering solutions in physical security, access control, and more.
Broad Market Footprint
With over 80 locations nationwide, Cook & Boardman is well-equipped to serve diverse sectors. Their experienced teams cater to various non-residential and commercial properties, including healthcare facilities, educational institutions, government properties, and more.
Conclusion
As Cook & Boardman integrates Building Material Supply Inc into its operations, the potential for growth and innovation appears boundless. With a solid foundation built on customer service and high-quality products, C&B is set to enhance its offerings, ensuring that it meets the evolving needs of its clients and the industry.
Frequently Asked Questions
What does the acquisition of BMSI mean for Cook & Boardman?
This acquisition allows Cook & Boardman to expand its product offerings, particularly in Division 10 specialties, while enhancing customer service.
Will BMSI continue operating under its name?
Yes, BMSI will operate under its existing name, ensuring continuity for its customers.
What is the significance of this acquisition for C&B’s growth?
This marks the twelfth acquisition under Platinum Equity’s ownership. It demonstrates C&B’s strategy to broaden its market presence and capabilities.
Who are the key leaders involved in the acquisition?
David Eisner, CEO of C&B, and Jeff Lehman, former Owner of BMSI, play significant roles in the transition and future direction of the companies.
How has Platinum Equity influenced C&B’s operations?
Platinum Equity's partnership has enabled C&B to enhance operational efficiency and pursue growth through acquisitions, contributing to its current market position.
