Company continues nationwide total opening
solutions expansion
WINSTON-SALEM, N.C., July 2, 2024
/PRNewswire/ -- The Cook & Boardman Group LLC ("Cook &
Boardman" or "C&B"), the leading specialty distributor of
commercial entry solutions and systems integration services, has
announced the acquisition of McBride Door and Hardware Inc.
and Eight Ten Commercial, Inc. ("McBride") located in Poway, CA. Terms of the transaction were not
disclosed.
Founded in 2000, McBride Door and
Hardware (and Eight-Ten Commercial), a material distributor and
installer, provides a wide variety of commercial doors, frames, and
hardware. McBride and Eight-Ten proudly serve California and Nevada.
" We are thrilled to welcome McBride to the Cook & Boardman
family of companies. They have a well-established reputation as a
quality supplier and installer of Division 8 and 10 products and
will help expand C&B's geographical reach in their local market
as we continue to enhance our customer service offerings
nationwide," said David Eisner, Chief Executive Officer of
C&B.
"McBride has long history of providing exceptional service to
its customers through a high touch service model, unprecedented
communications, and dedicated project management teams. We are
excited to join the Cook & Boardman family of companies as they
transform the industry," said Rick
McBride, co-founder of McBride.
The company will continue to operate under the McBride and
Eight-Ten names and points of contact for customers at McBride 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. McBride and Eight-Ten represent C&B's
fourth acquisition under Platinum Equity's ownership.
K&L Gates LLP served as legal advisor to Cook &
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.
Contact: marketing@cookandboardman.com
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SOURCE The Cook & Boardman Group