The Cook & Boardman Group Acquires Building Specialties Company
The Cook & Boardman Group, LLC (“Cook & Boardman” or “C&B”), a leading specialty distributor of commercial door entry solutions and systems integration services announced the acquisition of Birmingham, Alabama-based Building Specialties. Terms of the transaction were not disclosed.
Building Specialties was founded in 1954 by W.P. “Chief” and Leola Caddell whose vision and dedication provided the foundation for the company to become established in the commercial door and hardware business. Through the years, Bill Caddell, Jr., Paul, and Pat Caddell provided many years of leadership which allowed the company to continue successfully into a third-generation family business. The CEO and owner, Paul Caddell, attributes the success of the company to the hard work and professionalism of the employees who are in the Building Specialties family.
“We are thrilled to welcome Building Specialties to the Cook & Boardman family of companies,” said Darrin Anderson, Chief Executive Officer of C&B. “They fit perfectly into our acquisition strategy of buying market leaders with strong management teams and best-in-class associates. We look forward to providing their employees with additional resources and expanded opportunities as we grow in this major market.”
“Throughout our company’s history we have been known for delivering quality products and excellent customer service,” noted Building Specialties owner Paul Caddell. “In Cook & Boardman, we found a common culture and passion for serving the industry. I am confident that our employees will thrive and Building Specialties’ legacy will be preserved.”
The company will continue to operate under the Building Specialties name and customer contacts will remain unchanged as a result of the acquisition. Mr. Caddell will continue to manage the business under C&B’s ownership.
The Cook & Boardman Group is a portfolio company of Littlejohn & Co., LLC. Building Specialties represents C&B’s ninth acquisition since being acquired by Littlejohn in October 2018.
Source: The Cook & Boardman Group, LLC