ProSource Acquires Southern Distributing Co. of Lake City

Blue Sea Capital Acquires ProSource Supply from CID Capital

September 28, 2022

Building Products

Blue Sea Capital has acquired ProSource Supply from CID Capital; terms were not disclosed. ProSource, a Greenville, South Carolina-based distributor of plumbing supplies, luxury fixtures, lighting and cabinet hardware with seven showrooms and over 140 employees, will partner with Blue Sea to accelerate organic growth, expand geographically across the Southeast and pursue complementary add-on acquisitions.

ProSource (Blue Sea Capital) Acquires Huber Supply

April 5, 2023

Building Products

ProSource, LLC, a Blue Sea Capital portfolio company and value-added wholesale distributor of plumbing and building products, has acquired Huber Supply, a two-location plumbing and electrical supplier serving the South Carolina Lowcountry. The acquisition will rebrand Huber Supply to ProSource Supply and expand ProSource's product availability and geographic footprint in South Carolina.

ProSource (CID Capital Portfolio) Acquires Marion Davis

December 27, 2021

Building Products

Indianapolis-based private equity firm CID Capital’s portfolio company, ProSource, LLC, has acquired Marion Davis, Inc., a two-location plumbing, lighting and electrical supplier in Upstate South Carolina. The add-on expands ProSource’s plumbing and lighting capabilities and brings electrical supplies into its product assortment; Marion Davis will be rebranded to ProSource after a transition period.

Southern HVAC Corporation Acquires Pro Plumbing Services, LLC

June 29, 2022

HVAC & Mechanical

Southern HVAC Corporation acquired Pro Plumbing Services, LLC, a Lexington, North Carolina-based residential plumbing, electrical, heating and air contractor. The bolt-on expands Southern HVAC's Plumbing & Air Service Company footprint in the Piedmont Triad (Greensboro, Winston-Salem, High Point and Lexington) and allows Pro Plumbing to retain its brand while gaining access to Southern HVAC's training, sales, marketing and operational resources.

Clearlake Capital Acquires PrimeSource from Platinum Equity

December 31, 2020

Building Products

Clearlake Capital Group has completed the acquisition of PriSo Holding Corporation (PrimeSource) from Platinum Equity. PrimeSource is a global distributor of specialty building materials with 34 U.S. distribution centers and over 1,100 employees; Clearlake intends to use the business as a platform for organic growth and add-on acquisitions in the specialty distribution sector.

Probo Medical Acquires Alpha Source Group

February 21, 2024

Healthcare Services

Probo Medical, a PE-backed global provider of diagnostic imaging equipment and services, has signed a definitive agreement to acquire Alpha Source Group, a Milwaukee-based provider of field service, depot repair, refurbishment and parts distribution for medical imaging equipment. The add-on deal expands Probo's modality coverage and geographic footprint in North America and integrates Alpha Source's network of field engineers and four Centers of Excellence into Probo's platform.