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Transactions / Homeland Safety Systems

Cobalt Service Partners Acquires Four New Companies

Add-on acquisitionclosedadd-onannounced Apr 10, 2024closed Apr 10, 2024Fact
What happened
Platform
Cobalt Service Partnersadd-on basis: Cobalt Service Partners (“Cobalt”), a platform focused on buying and operating commercial access solutions businesses and backed by Alpine Investors, today announced that it has acquired four more businesses since its launch in December 2023.
Control
Control
Share acquired
unknown
Industry
unknown
Target location
unknown
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
3 named
Buy side
  • Cobalt Service PartnersPlatformconfirmed
    Cobalt Service Partners (“Cobalt”), a platform focused on buying and operating commercial access solutions businesses and backed by Alpine Investors, today announced that it has acquired four more businesses since its launch in December 2023.
  • Alpine InvestorsSponsorconfirmed
    Cobalt Service Partners (“Cobalt”), a platform focused on buying and operating commercial access solutions businesses and backed by Alpine Investors, today announced that it has acquired four more businesses since its launch in December 2023.
Side not stated
  • Joining Cobalt are Automated Door Ways (“ADW”), Toepfer Security (“Toepfer”), Industrial Door Company (“IDC”), and Homeland Safety Systems (“HSS”).
Evidence
Cobalt Service Partners (“Cobalt”), a platform focused on buying and operating commercial access solutions businesses and backed by Alpine Investors, today announced that it has acquired four more businesses since its launch in December 2023.
Cobalt Service Partners Acquires Four New Companies | Private Equity Intelligence | DFX