The Cook & Boardman Group, a portfolio company of Littlejohn & Co., has acquired National Millwork (NMI).
NMI is a manufacturer, supplier and installer of commercial and residential doors, hardware, molding, and other trim-related products. In 2015, NMI expanded its geographic reach and distribution capabilities with the acquisition of Texas-based Elite Door & Trim. NMI was founded in 1998 by CEO Otto Nonnenmann and COO Michael Bosco and is headquartered near West Palm Beach in Riviera Beach, Florida.
Cook & Boardman distributes metal and wood doors, locks, doorframes, and other related building components for non-residential applications. Littlejohn acquired Cook & Boardman, a distributor of commercial door entry products, from Ridgemont Equity Partners in October 2018. The acquisition of NMI is Cook & Boardman’s nineteenth add-on under Littlejohn’s ownership.
Cook & Boardman operates through 30 divisions and sells its more than 20,000 SKUs of products nationwide through a network of 70 locations across 21 states. The company, led by CEO Darrin Anderson, was founded in 1955 and is headquartered in Winston-Salem, North Carolina.
“NMI fits perfectly into our strategy of offering total opening solutions and I am excited to welcome them to the Cook & Boardman family,” said Mr. Anderson. “Their manufacturing capabilities and installation services will allow us to deliver an even greater value proposition to our customers on multi-family and commercial construction projects – including interior pre-hung doors.”
Greenwich, Connecticut-based Littlejohn invests from $50 million to $250 million of equity in middle-market companies that have annual revenues of $100 million to $800 million. The firm invests across a range of industries including manufacturers, distributors, and service providers.
© 2022 Private Equity Professional | January 6, 2022
