Foley & Lardner LLP served as legal adviser to A1 Garage Door Service Holdings, Inc. (A1), a market leader in the direct-to-consumer residential repair and replacement garage door services industry, in its growth capital partnership with an affiliated investment group led by Cortec Group Fund VII, L.P., an investment portfolio held by Cortec Group.
Headquartered in Phoenix, Arizona and serving 25 markets across the U.S., A1 is a market leader in the direct-to-consumer residential repair and replacement garage door services industry. A1 has grown rapidly, both organically and through acquisitions, since its founding in 2007. Today, A1 is one of the largest and most reputable residential garage door service providers in the country. A1 Founder and CEO Tommy Mello will continue to lead the business and maintain a significant ownership stake alongside Cortec VII.
Cortec is a New York-based private equity firm which focuses on investing in and growing entrepreneur and family-owned middle-market business-to-consumer and business-to-business products and services companies serving consumer, health care, and other attractive end markets.
The Foley deal team was led by Partner Christopher Cain and included Partners Maureen Easton and Timothy Voigtman, Senior Counsel Jordan Bergmann, and Associates Eric Lauria-Banta and Sean Aguirre.