CID Capital Recapitalizes Wiseway
September 30, 2022
Indianapolis-based private equity firm CID Capital has partnered with Wiseway (a Florence, Kentucky-based distributor of electrical, plumbing, and lighting supplies) in a recapitalization to support the company’s next phase of growth. Reinsurance Group of America provided financing for the transaction; Wiseway’s president John Cain will continue to partner with CID and the company will implement a formal board to drive growth and profitability.
- Buyers
- CID Capital
- Targets
- Wiseway
- Industry
- Building Products
- Location
- Kentucky, United States
- Transaction Type
- Recapitalization
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