CID Capital has sold ProSource, LLC to Blue Sea Capital
CID Capital has sold ProSource, LLC to Blue Sea Capital.
With seven branches across North and South Carolina, ProSource is a value-added distributor of plumbing, bathroom, kitchen, lighting and related products serving the residential new construction and repair and remodel markets. ProSource serves a highly recurring and diverse customer base of plumbers, contractors, interior designers and end consumers who rely on the company as a critical partner providing consultative sales and rapid fulfillment.
Blue Sea Capital is a private equity firm based in West Palm Beach, Florida, that partners with growth-oriented, lower-middle-market companies.
CID Capital, based in Indiana, is a private equity group that makes control investments in high-quality, lower-middle-market companies that have shown a consistent track record of success.
Oaklins TM Capital in the US served as the exclusive financial advisor to ProSource, LLC, a portfolio company of CID Capital, in its sale to Blue Sea Capital.
Eric Bruun and Cory Heck
Partner and Managing Director, CID Capital
Talk to the deal team
Allan C. Cruickshanks
Oaklins TM Capital
Peirce Sullivan
Oaklins TM Capital
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