Cobalt Service Partners Acquires Automatic Entrances of Wisconsin

Cobalt Service Partners Acquires ADW, Toepfer Security, Industrial Door Company, and Homeland Safety Systems

April 9, 2024

Industrial Services

Cobalt Service Partners, a platform backed by Alpine Investors, has acquired four commercial access and security businesses: Automated Door Ways (Columbus, GA), Toepfer Security (Waukesha, WI), Industrial Door Company (Sacramento, CA), and Homeland Safety Systems (Shreveport, LA). The add-on acquisitions expand Cobalt's geographic footprint to the West Coast and Midwest and broaden its capabilities to include access control, video surveillance, overhead doors and related commercial access services.

Alpine Investors' Cobalt Service Partners Acquires Piedmont Door Solutions

December 5, 2023

Building Products

Alpine Investors launched Cobalt Service Partners, a new platform focused on access solutions, and Cobalt announced the acquisition of Piedmont Door Solutions, a commercial doors design, installation and maintenance provider founded in Charlotte, North Carolina. Piedmont's leadership will remain in place under Cobalt ownership as the business joins the platform to accelerate organic growth and expand its geographic reach.

Kian Capital-backed Westcoast Gate & Entry Systems Acquires Automated Gate Services, Inc.

September 15, 2020

Industrial Services

Kian Capital’s platform Westcoast Gate & Entry Systems has acquired Automated Gate Services, Inc., a 40+-year perimeter security and automatic gate installation/servicing business headquartered in Corona, California. The founders, Steve and Carrie Johnson, will remain involved; financial terms were not disclosed. Plethora Businesses served as exclusive sell-side advisor to the selling shareholders.

Allegion plc Acquires STANLEY Access Technologies from Stanley Black & Decker

July 5, 2022

Building Products

Allegion plc has completed the acquisition of STANLEY Access Technologies and related automatic entrance assets from Stanley Black & Decker for $900 million in cash. The purchase adds a leading North American manufacturer, installer and service provider of automatic doors—with ~ $340 million in 2021 net sales—strengthening Allegion's seamless access product portfolio and installation/maintenance capabilities in the Americas.

ASSA ABLOY Acquires Capitol Door Service

August 11, 2021

Building Products

ASSA ABLOY has acquired Capitol Door Service, a pedestrian door distributor and service company serving California, Nevada and Arizona. Founded in 1999 and headquartered in Sacramento, California, Capitol Door Service has about 50 employees and reported roughly $17 million in sales in 2020; ASSA ABLOY said the deal strengthens its geographic coverage in the Western U.S. and is accretive to EPS from the start.

DuraServ Acquires AE Door & Window

February 25, 2025

Building Products

DuraServ LLC, a PE-backed provider of overhead door and loading dock solutions, has acquired AE Door & Window, a Cincinnati-based residential garage door, entry door, and window service and installation company. The deal expands DuraServ's residential product offerings and Midwest footprint across Ohio, Kentucky and Indiana; AE's president Adam Weber will become Senior Vice President, Residential at DuraServ.