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Placements Privés | Construction et Ingénierie | Logistique

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.

Parties prenantes
«CID was the right partner at the right time for ProSource. The initiatives we executed, including a CEO succession and accretive acquisition, had the business well-prepared for a meaningful exit event. Oaklins TM Capital was the perfect partner to achieve the objectives of shareholders and management – identifying the best partner for ProSource’s new stage of life – and we would gladly work with them in the future.»

Eric Bruun and Cory Heck

Partner and Managing Director, CID Capital

Contacter l'équipe de la transaction

 Allan C. Cruickshanks

Allan C. Cruickshanks

Directeur général
Atlanta, États-Unis
Oaklins TM Capital
 Tabb  Neblett

Tabb Neblett

Directeur associé
Atlanta, États-Unis
Oaklins TM Capital
 Peirce  Sullivan

Peirce Sullivan

Directeur associé
Boston, États-Unis
Oaklins TM Capital
 Dylan  Finazzo

Dylan Finazzo

Associé
New York, États-Unis
Oaklins TM Capital
 Alden  Richards

Alden Richards

Analyste
Atlanta, États-Unis
Oaklins TM Capital

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