Cobalt Acquires Digi Security Systems

Cobalt Service Partners announced its acquisition of Digi Security Systems, a leading commercial security integrator. Digi marks Cobalt’s seventh acquisition since launching in December 2023.

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Digi was founded in Tulsa, Oklahoma in 2003 by Digi’s President, Joshua Herron. At the time of Digi’s founding, Herron was a software developer at RAE Corporation (“RAE”), a Pryor-based commercial refrigeration and HVAC manufacturing company. Herron began assisting local organizations with installation and maintenance of their security systems and soon thereafter, Digi was established as a standalone business within RAE.

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More than 20 years later, Digi has over 100 employees across its offices in Tulsa, Oklahoma City, and Dallas, and has served more than 1,000 customers. While Digi supports customers across a variety of commercial end markets, it has a particularly impressive track record with educational organizations such as public school districts and universities. With the increasing importance and technological complexity of security within these organizations, Digi’s work is as critical as ever.

“The Cobalt team is phenomenal,” said Herron. “Over a hundred companies sought our partnership, but Cobalt stood out as a team fully dedicated to the same thing we are – people. We couldn’t be more excited about this next era in Digi’s history.”

“I couldn’t ask for a better company than Cobalt to partner with Digi,” said Eric Swank, CEO of RAE Corporation. “Cobalt’s culture and performance were a perfect fit for us, and the combination will lead to even greater performance for Digi’s people and partners.”

“Digi is an exceptional business with exceptional people,” said Anthony Gonzalez, Co-CEO of Cobalt. “Digi is exactly the kind of organization Cobalt is looking to partner with, and we are truly honored that Eric and the Digi team chose Cobalt as Digi’s home for this exciting next chapter.”

About Cobalt

Founded in 2023, Cobalt Service Partners buys and builds leading access solutions businesses that install and maintain essentials like commercial doors, overhead doors, security gates, access control systems, video surveillance systems, and more. Through its commitment to people, technology, and unwavering stewardship, Cobalt offers founders a long-term home for their business that they can feel proud of. Securing Legacies, Unlocking Possibility.