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New Deal


Announced

Completed

Blue Sea Capital completed the acquisition of ProSource Supply from CID Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Majority

Completed

Private Equity

kitchen equipment

Friendly

Acquisition

plumbing

United States

Building Roofing/Wallboard and Plumbing

Private

Single Bidder

Synopsis

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Blue Sea Capital, a private equity firm, completed the acquisition of ProSource Supply, a plumbing supplies provider, from CID Capital, a private equity firm. Financial terms were not disclosed. “We are incredibly proud of our customer-focused culture at ProSource and are excited to partner with Blue Sea for our next phase of growth. Blue Sea will help us accelerate our growth, both organically and through acquisitions, to further expand our presence throughout the Southeast while providing our customers with the same exceptional product availability and customer service to which they are accustomed. We would like to thank CID Capital for their unwavering commitment to our business and partnership orientation. It has been a pleasure to work with CID," Drew Roberts, ProSource CEO.

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