The Cook & Boardman Group Expands Its Reach with Acquisition of Building Material Supply Inc.
Cook & Boardman Group Acquires Building Material Supply Inc.
In a significant move to expand its market presence, the Cook & Boardman Group LLC (C&B), a leading provider of integrated access and security solutions in the United States, has announced its acquisition of Building Material Supply Inc. (BMSI). This innovative company, located in Edina, Minnesota, with an additional facility in Phoenix, Arizona, has established itself as a specialist in architectural building products since its inception in 1997.
Background of the Acquisition
The financial terms of this acquisition have not been disclosed; however, it marks a strategic enhancement to the offerings of Cook & Boardman. As BMSI is known for its extensive range of Division 10 products, the acquisition opens new avenues for C&B in serving its diverse clientele across the Midwest and Southwest regions. Through this acquisition, Cook & Boardman reinforces its commitment to providing comprehensive solutions to meet varying customer needs, especially in the realm of architectural specialties.
David Eisner, CEO of the Cook & Boardman Group, expressed enthusiasm about the merger, stating, "We are thrilled to welcome BMSI to the Cook & Boardman family. Their exceptional customer service and longstanding relationships in the industry align perfectly with our values. Integrating BMSI into our operations enhances our capability to provide an even broader array of Division 10 products."
Response from BMSI
Jeff Lehman, the former owner of BMSI and now its General Manager post-acquisition, shared his excitement about becoming part of the Cook & Boardman family. He remarked, "Joining CB allows us to amplify our reach and deliver premier services to a wider customer base. This acquisition achieves a milestone for us, empowering us to innovate and excel in our mission while maintaining our commitment to outstanding customer service."
Future Outlook and Plans
Under this new alignment, BMSI will continue to operate under its established brand name. Customer contacts and relationships will remain unchanged, ensuring a smooth transition for existing clients and minimizing disruption in service. The integration of BMSI into C&B's larger framework is expected to yield positive results, drawing from C&B's extensive resource network and operational expertise.
This acquisition represents the twelfth under Platinum Equity's ownership since acquiring a majority stake in Cook & Boardman in 2023. Having expanded its portfolio consistently through strategic mergers and acquisitions, C&B aims to solidify its position as the premier choice for integrated access and security solutions across the United States.
About the Companies
The Cook & Boardman Group has been a staple in the American construction and security landscape since 1955. Its comprehensive offerings include not only access control systems, electronic equipment, and hardware but also a robust range of architectural products. With a nationwide presence comprising over 80 locations, the company is proficient in serving various sectors, including healthcare, education, government, and industrial properties.
In contrast, BMSI has carved out a niche in supplying specialized building materials, ensuring high-quality standards and satisfaction among its clientele. Both companies are poised for significant growth, leveraging their combined strengths to deliver enhanced products and services to the market.
Conclusion
In conclusion, the acquisition of Building Material Supply Inc. by Cook & Boardman signifies a key strategic advance in the architecture and construction materials sector. This merger stands to benefit both companies through shared resources, extended market reach, and a commitment to customer service excellence, paving the way for future innovations in the building materials supply industry.