- TM Capital served as exclusive financial advisor to ProSource, LLC (“ProSource”), a portfolio company of CID Capital, in its sale to Blue Sea Capital
- With seven branches across North and South Carolina, ProSource (www.prosourcesupply.com) is a value-added distributor of plumbing, bathroom, kitchen, lighting and related products serving the residential new construction and repair & 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
- CID Capital is an Indianapolis, Indiana-based private equity group that makes control investments in high-quality, lower-middle-market companies
- Blue Sea Capital is a private equity firm based in West Palm Beach, Florida that partners with growth-oriented, lower-middle-market companies
Client Testimonial
“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. 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, CID Capital
