Blue Sea Capital Acquires ProSource Supply from CID Capital

ProSource (Blue Sea Capital) Acquires Huber Supply

April 5, 2023

Building Products

ProSource, LLC, a Blue Sea Capital portfolio company and value-added wholesale distributor of plumbing and building products, has acquired Huber Supply, a two-location plumbing and electrical supplier serving the South Carolina Lowcountry. The acquisition will rebrand Huber Supply to ProSource Supply and expand ProSource's product availability and geographic footprint in South Carolina.

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.

Georgia Oak Partners Acquires Septic Blue; Source Capital Provides Financing

December 20, 2023

Environmental Services

Georgia Oak Partners has acquired Septic Blue, a residential septic services provider operating in the Atlanta, Charlotte and Raleigh metro areas. Source Capital, via Source Capital Credit Opportunities IV, provided debt financing and an equity co-investment to support the transaction; Septic Blue founder Bob Minkert will remain involved for a transition period.

Clearlake Capital Acquires PrimeSource from Platinum Equity

December 31, 2020

Building Products

Clearlake Capital Group has completed the acquisition of PriSo Holding Corporation (PrimeSource) from Platinum Equity. PrimeSource is a global distributor of specialty building materials with 34 U.S. distribution centers and over 1,100 employees; Clearlake intends to use the business as a platform for organic growth and add-on acquisitions in the specialty distribution sector.

Blue Sea Capital Acquires WillowWood Global from DW Healthcare Partners

December 6, 2021

Medical Devices

Blue Sea Capital has completed an acquisition of WillowWood Global LLC, a long-established designer and manufacturer of prosthetic products, from DW Healthcare Partners. The investment positions WillowWood for accelerated growth — with management retaining meaningful ownership — and signals Blue Sea's intent to support organic growth and pursue acquisition-driven expansion in the prosthetics market.