ProSource (CID Capital Portfolio) Acquires Marion Davis
December 27, 2021
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.
- Buyers
- ProSource, LLC, CID Capital
- Targets
- Marion Davis, Inc.
- Platforms
- ProSource, LLC
- Industry
- Building Products
- Location
- South Carolina, United States
- Transaction Type
- Addon
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