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Cook & Boardman acquires McBride Door & Hardware, Inc. and Eight Ten Commercial, Inc. for nationwide expansion

Jul 02, 2024over 1 year ago

Acquiring Company

Cook & Boardman Group

Acquired Company

McBride Door and Hardware and Eight Ten Commercial

PowayManufacturingBuilding Material

Description

Cook & Boardman Group LLC, the leading specialty distributor of commercial entry solutions, has completed the acquisition of McBride Door and Hardware Inc. and Eight Ten Commercial, Inc. This acquisition will expand C&B's geographical reach in the local market and enhance its customer service offerings nationwide, reinforcing its position as a leader in the industry.

Company Information

Company

Cook & Boardman Group

About

Cook & Boardman is the nation's leading distributor of commercial doors, frames & hardware, electronic access control equipment and specialty (Division 10) products. The company also provides full systems integration services through its A3 Communications division - including physical security, access control, wireless networking, low voltage cabling, audio/visual and managed information technology products. The company serves multi-family and non-residential markets including the commercial, education, government, healthcare, office and hospitality sectors from more than 65 locations across 19 states and nationwide through their ecommerce portal at www.cookandboardman.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed