Alpine Investors Launches Access Solutions Platform – Cobalt Service Partners

Alpine Investors, a private equity firm specializing in software and services industries, has announced the launch of Cobalt Service Partners (Cobalt), a new platform focused on buying and building exceptional access solutions businesses. In conjunction with the launch, Cobalt has acquired Piedmont Door Solutions, a premier provider of commercial doors and entrance solutions with locations across the Southeast, Southwest, and Mid-Atlantic.

Cobalt aims to buy market-leading businesses in various access solutions categories, including overhead doors and docks, commercial doors, security gates, access control systems, and video surveillance systems. With a strong emphasis on Alpine's PeopleFirst approach, Cobalt plans to drive organic growth by attracting and engaging top talent at every level.

Piedmont Door Solutions, founded in 2001 by Pat Keane and led by industry veteran Chris Mitchell since 2016, has successfully expanded its operations throughout the Southeast, Southwest, and Mid-Atlantic. With a dedicated team and best-in-class design, installation, and maintenance services, Piedmont has become a trusted name in the industry. Under Cobalt's ownership, Chris Mitchell will continue as CEO of the business, with key promotions in the executive team.

The acquisition of Piedmont Door Solutions by Cobalt has been met with enthusiasm by Chris Mitchell and Pat Keane. Mitchell expressed his excitement for the future of Piedmont and the possibilities presented by the partnership with Cobalt. Keane shared his pride in what the company has achieved and his optimism for Piedmont's model expanding nationwide.

Leading Cobalt as Co-CEOs are Tyler Hoffman and Anthony Gonzalez. Hoffman, previously the CEO of Radicle Health, brings extensive experience in software business acquisitions. Gonzalez, who served in Congress and worked in various leadership roles, brings a strong background in operations and sales. Both are thrilled to start this journey with the Piedmont team and offer founders a long-term home for their businesses.

Cobalt is actively seeking exceptional access solutions businesses nationwide. Founders and advisors interested in partnering with Cobalt can contact Tyler Hoffman for more information.

About Cobalt Service Partners:

Cobalt Service Partners is a platform that buys and builds market-leading access solutions businesses. It offers founders a long-term home for their businesses and is committed to people, technology, and unwavering stewardship. Cobalt's goal is to secure legacies and unlock possibilities. For more information, visit www.cobaltsp.com.

About Piedmont Door Solutions:

Piedmont Door Solutions specializes in designing, installing, and maintaining commercial doors throughout the Southeast, Southwest, and Mid-Atlantic regions. With locations in major cities, Piedmont serves various commercial customer segments and excels in high-stakes, high-traffic environments like hospitals and schools. For more information, visit www.piedmontdoorsolutions.com.

About Alpine Investors:

Alpine Investors is a people-driven private equity firm that builds enduring companies by working with exceptional individuals. With a focus on software and services industries, Alpine's PeopleFirst strategy includes a talent program aimed at bringing strong leadership to post-transaction situations. With $16 billion in assets under management, Alpine has offices in San Francisco, New York, and Salt Lake City. For more information, visit www.alpineinvestors.com and see the full disclaimers on their website.

In conclusion, Alpine Investors' launch of Cobalt Service Partners and the acquisition of Piedmont Door Solutions marks an exciting new chapter for the access solutions industry. With a focus on organic growth and a commitment to exceptional talent, Cobalt aims to become a leader in the market. Founders in the access solutions sector now have a long-term home and support for their businesses through Cobalt.