CID Capital Acquires Kind Water Systems
January 16, 2024
Indianapolis-based private equity firm CID Capital has acquired Kind Water Systems, a Daytona Beach-based provider of whole-home water filtration and water softening systems. CID plans to grow Kind Water as a platform investment from its CID Capital Opportunity Fund III and has installed Tony Friesl as CEO to lead expansion initiatives.
- Buyers
- CID Capital
- Targets
- Kind Water Systems
- Industry
- Consumer Products
- Location
- Florida, United States
- Transaction Type
- Buyout
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