Private equity-backed firm buys two area companies

The Cook & Boardman Group, a portfolio company of Ridgemont Equity Partners, recently acquired two Tampa-based distributors of commercial doors, hardware and other accessories.

According to a press release, the Pinnacle Door & Hardware and Specialized Architectural Products transactions closed in the second quarter and fourth quarter of 2017, respectively. Terms of the transactions were not disclosed.

“The addition of Pinnacle Door & Hardware and Specialized Architectural Products to the Cook & Boardman platform is a natural evolution for both businesses,” states Darrin Anderson, CEO of Winston-Salem, N.C.-based Cook & Boardman, in the release.

“We have operated a Sarasota location for many years and have a strong presence in 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 health care, hospitality and government — and also offer comprehensive installation services to their clients. We are very pleased about the combination and look forward to continuing the growth of the entire platform alongside our new team members.”

Ridgemont Equity Partners was founded in 1993 and since that time has invested more than $4 billion in 141 companies.