Cook & Boardman lands an acquisition
The Cook & Boardman Group LLC has acquired Building Material Supply Inc (BMSI), headquartered in Edina, Minn., with another location in Phoenix, Ariz. 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, 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, CEO 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.
