Kirkland Advises Blue Sea Capital on Acquisition of ProSource from CID Capital
Kirkland & Ellis advised Blue Sea Capital, LLC (Blue Sea) on its acquisition of ProSource Supply (ProSource) from CID Capital. ProSource provides plumbing supplies, luxury plumbing fixtures, lighting and cabinet and door hardware to residential and commercial focused plumbers, builders, contractors, designers and homeowners. ProSource operates seven showroom locations across North and South Carolina. Blue Sea’s partnership with ProSource will focus on continuing the company’s organic growth, expanding geographically throughout the Southeast, and accelerating the completion of complementary add-on acquisitions. Terms of the transaction were not disclosed.
Read the Blue Sea press release
The Kirkland team was led by corporate partners Adam Wexner and Garrett Lorentz and associates Matthew Brandys and Jonathan Deitch, with support from corporate partner Jeremy Liss, and debt finance partner Louis Hernandez and associates Claire Rokita and Sara Nicole Koniewicz-Krob.