CID Capital-Backed LumiSource Acquires Grandview Gallery

April 27, 2022

Indianapolis-based private equity firm CID Capital announced the merger of its portfolio companies LumiSource and Grandview Gallery, combining Grandview into LumiSource’s operations. The deal is an add-on acquisition intended to expand LumiSource’s product assortment, e-commerce presence, and operational efficiencies in inventory management and fulfillment.

Buyers
CID Capital, LumiSource
Targets
Grandview Gallery
Platforms
LumiSource
Location
Tennessee, United States
Transaction Type
Addon

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