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
- Industry
- Consumer Products
- Location
- Tennessee, United States
- Transaction Type
- Addon
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