M&A Deal Summary

CID Capital Acquires Kind Water Systems

On January 16, 2024, private equity firm CID Capital acquired manufacturer Kind Water Systems

Acquisition Highlights
  • This is CID Capital’s 7th transaction in the Manufacturing sector.
  • This is CID Capital’s 31st transaction in the United States.
  • This is CID Capital’s 1st transaction in Florida.

M&A Deal Summary
Date 2024-01-16
Target Kind Water Systems
Sector Manufacturing
Buyer(s) CID Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Kind Water Systems

Daytona Beach, Florida, United States
Kind Water Systems provides water treatment systems that help homeowners protect their families from potentially dangerous impurities in their water, as well as protect their plumbing, fixtures, and appliances from the damaging effects of hard water scale. Kind Water Systems is based in Daytona Beach, Florida.

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Buyer(S) 1

Buyer

CID Capital

Indianapolis, Indiana, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1981
PE ASSETS 500M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

CID Capital is a private investment firm that makes both venture capital and private equity investments. CID's private equity practice invests $10 to $15 million of equity capital in lower middle-market companies with $10 to $100 million of revenue and at least $3 million of cash-flow. Funds are generally used to support divestitures, management buyouts, leveraged buyouts, shareholder liquidity, recapitalization, and growth financing. Areas of interest include industrial products and services, general distribution, safety and security products, branded consumer products, medical products and services, building products, and food manufacturing. The Firm prefers investments located within the US. CID Capital was formed in 1981 and is based in Indianapolis, Indiana.

DEAL STATS #
Overall 32 of 32
Sector (Manufacturing) 7 of 7
Type (Buyout (LBO, MBO, MBI)) 14 of 14
State (Florida) 1 of 1
Country (United States) 31 of 31
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-19 Strahman Group

Bethlehem, Pennsylvania, United States

Strahman Group is a manufacturer and designer of the highest quality and best-performing valve products. Strahman develops innovative solutions to complex problems and engineers products with world-leading performance and value. Strahman Group was founded in 1921 and is based in Bethlehem, Pennsylvania.

Sell -
Mergr

Product

Company

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