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Cook & Boardman Acquires Building Material Supply Inc.

General News
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Company continues nationwide total opening solutions expansion

The Cook & Boardman Group LLC (“Cook & Boardman” or “C&B”), the nation’s premier provider of fully integrated access and security solutions, has announced the acquisition of Building Material Supply Inc (“BMSI”) headquartered in Edina, MN with another location in Phoenix, AZ. Terms of the transaction were not disclosed.

Founded in 1997, BMSI is an architectural specialty building products company specializing in the full spectrum of Division 10 products, proudly serving customers throughout the Midwest and Southwest.

“We are thrilled to welcome BMSI to the Cook & Boardman family. BMSI has built a strong reputation in the Midwest and Southwest, which has been driven by their excellent customer service and deep-tenured relationships. We are excited to expand our offering of Division 10 products across our company and look forward to working with Jeff and the rest of their team to achieve even greater success in the future,” said David Eisner, Chief Executive Officer of C&B.

“BMSI is known for its expertise in supplying architectural specialty building products and services to a diverse group of end users. We are excited to join C&B so we can reach even more customers with our premier service. This acquisition will enable us to reach new heights. Together, we will drive our mission forward with enhanced strength and innovation, ensuring that our dedication to outstanding service and results endures for years to come,” said Jeff Lehman, former Owner and future General Manager of BMSI.

The company will continue to operate under the BMSI name and customer contacts will remain unchanged as a result of the acquisition.

Platinum Equity acquired a majority interest in Cook & Boardman in 2023. Littlejohn & Co., LLC remains a significant minority shareholder. BMSI represents C&B’s twelfth acquisition under Platinum Equity’s ownership.

K&L Gates LLP served as legal advisor to Cook and Boardman.

About Cook & Boardman Group

Cook & Boardman is one of the leading specialty distributors of commercial doors, frames & hardware, electronic access control equipment and specialty (Division 10) products. The company is also one of the nation’s largest and fastest growing providers of integrated security solutions – including physical security, access control, wireless networking, low voltage cabling, audio/visual and managed information technology products.

The company serves non-residential and multi-family markets including the commercial, education, government, healthcare, office and hospitality sectors from more than 70 locations across 23 states and nationwide through its ecommerce portal at Www.Cookandboardman.Com.

About Platinum Equity

Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with approximately $47 billion of assets under management and a Portfolio of approximately 50 operating companies that serve customers around the world. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 28 years Platinum Equity has completed more than 450 acquisitions.

About Littlejohn & Co., LLC

Littlejohn & Co. is a Greenwich, Connecticut-based investment firm focused on private equity and debt investments primarily in growing middle-market industrial and services companies that can benefit from Littlejohn’s 25+ years of operational and sector expertise. With approximately $8 billion in regulatory assets under management, the firm seeks to build sustainable success for its portfolio companies through a disciplined approach to engineering change. For more information about Littlejohn, visit Www.Littlejohnllc.Com.

Source: The Cook & Boardman Group, LLC