Cook & Boardman Group Acquires Bunting Door & Hardware Co. and Loktek, LLC

Author

Slice of Real Estate Team
July 18, 2024

Key Highlights:

  • Cook & Boardman acquires Bunting Door & Hardware Co. and Loktek, LLC.

  • Expands commercial entry solutions and systems integration services.

  • Bunting continues operations under existing names with no changes to customer contacts.

  • Acquisition marks C&B's fifth under Platinum Equity ownership.

  • Strengthens market position along the east coast.

Source (PR Newswire)

Notable Quotes:

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"Bunting is one of the most respected CDH companies in the Mid-Atlantic region and we are delighted to have them join the Cook & Boardman family of companies. Their team provides a wide range of products and services that will complement our existing offerings in the market and strengthen our leading position all along the east coast."

David Eisner, Chief Executive Officer at C&B
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"Bunting has a 40-year history of fostering great relationships with all its stakeholders. Cook & Boardman will allow us to continue building that legacy while providing our employees with further growth opportunities. We are excited to join the Cook & Boardman team as they transform the industry."

Doug McGinnis, owner and CEO at Bunting

Our Take:

The acquisition of Bunting Door & Hardware Co. and Loktek, LLC by Cook & Boardman Group represents a strategic move to enhance their market position in the Mid-Atlantic region. This acquisition not only broadens C&B’s portfolio of commercial entry solutions and systems integration services but also aligns with their growth strategy under Platinum Equity’s ownership. By integrating Bunting’s extensive experience and respected reputation, Cook & Boardman is set to further solidify its presence along the east coast, offering comprehensive solutions to its diverse clientele across commercial, education, government, and healthcare sectors. This move underscores C&B’s commitment to growth and excellence in the commercial doors, frames, and hardware market.