ProSource (Blue Sea Capital) Acquires Huber Supply

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 Acquires Southern Distributing Co. of Lake City

April 1, 2024

Building Products

ProSource, a Greenville, South Carolina-based wholesale distributor backed by Blue Sea Capital, has acquired Southern Distributing Co. of Lake City, a family-owned plumbing and electrical supplies distributor founded in 1972. The acquisition will rebrand Southern Distributing as ProSource and expand ProSource's product offerings and geographic reach across the Southeast.

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.

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.

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.

Eberhart Capital Acquires The Equipment Source, LLC

May 13, 2020

Construction

Eberhart Capital, a Scottsdale, Arizona-based private equity firm, has acquired The Equipment Source, LLC, a Naples, Florida-based tool and equipment rental company serving contractors and consumers. The Equipment Source will join Eberhart Capital sister company Contractor Sales & Service, and management transitioned from founder Billy Martinez to Steve Acquafresca as general manager; terms were not disclosed.