Leading Commercial Door & Hardware Distributor Expands Presence in Florida
WINSTON-SALEM, N.C.--(BUSINESS WIRE)-- The Cook & Boardman Group (“Cook & Boardman”), a portfolio company of Ridgemont Equity Partners, today announced the acquisition of two Tampa, Florida-based distributors of commercial doors, hardware and other accessories. The Pinnacle Door & Hardware and Specialized Architectural Products transactions closed in the second quarter and fourth quarter of 2017, respectively, and no other financial terms were disclosed.
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“The addition of Pinnacle Door & Hardware and Specialized Architectural Products to the Cook & Boardman platform is a natural evolution for both businesses,” said Darrin Anderson, CEO of Cook & Boardman. “We have operated a Sarasota location for many years and have a strong presence in the state of Florida, so expanding our footprint inside of an existing and vibrant market makes a lot of sense strategically. Pinnacle Door & Hardware and Specialized Architectural Products have long histories across a number of attractive end-markets – including healthcare, hospitality and government – and also offer comprehensive installation services to its clients, which enhances our service offering and deepens our firm’s industry expertise. We are very pleased about the combination and look forward to continuing the growth of the entire platform alongside our new team members.”
About The Cook & Boardman Group
Cook & Boardman is a leading specialty distributor of commercial metal and wood doors, door frames, door hardware, and related products, including access control devices and specialty products. The Company serves the non-residential market, including the education, municipal, healthcare, commercial, office, multi-family, and hospitality sectors. Cook & Boardman is headquartered in Winston-Salem, North Carolina, and operates thirty-one locations across twelve states. www.cookandboardman.com
About Ridgemont Equity Partners
Ridgemont Equity Partners is a Charlotte-based middle market buyout and growth equity investor. Since 1993, the principals of Ridgemont have invested over $4.0 billion in 141 companies. The firm focuses on investments of $25 million to $100 million in industries in which it has deep expertise, including basic industries and services, energy, healthcare, and technology and telecommunications. www.ridgemontep.com.
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Ridgemont Equity Partners
Donny Harrison, 704-944-0960
Source: Ridgemont Equity Partners