CID Capital

CID Capital is an Indiana-based private equity firm founded in 2006 that specializes in making majority investments in lower-middle-market companies across various industries, including consumer goods, healthcare, leisure, transport, technology, and business services. The firm targets companies with a strong history of performance that have the potential for significant growth but face constraints due to limited capital, inadequate operating systems, or lack of management experience. By providing necessary resources and capital, CID Capital aims to help these companies overcome their challenges and achieve their growth objectives. The firm's current investment strategy includes managing the CID Capital Opportunity Fund III, a buyout fund established in 2022.

John Charles Aplin

Managing Director

Adam Bolerjack

Managing Director, Business Development

Eric J. Bruun

Partner

Steve Cobb

Managing Partner

Ryan Cutter

Associate, Business Development

Eric Derheimer

Partner

Cory Heck

Managing Director

Deborah Morgan

Director of Finance and Chief Compliance Officer

Tom Shaw

Managing Director

Scot E. Swenberg

President and Managing Partner

19 past transactions

LumiSource

Private Equity Round in 2022
LumiSource is a full-service designer and supplier of home furniture that specializes in Mid-Century, Industrial, and Modern designs. The company was established in 1997 and is headquartered in Elk Grove Village, Illinois.

Giftcraft

Private Equity Round in 2019
Giftcraft Ltd. is a designer and manufacturer based in Brampton, Canada, specializing in fashion and lifestyle products aimed at creating joyful memories for life's special moments. The company develops a wide range of decorative and giftware items, including jewelry, seasonal products, outdoor and home decor, and accessories. By focusing on original and artist-driven designs, Giftcraft offers products that resonate with customers' tastes and reflect industry trends and timeless traditions. Its products are available through retailers worldwide, with showrooms in both Brampton and Atlanta, Georgia.

Prosource, LLC

Private Equity Round in 2018
Prosource, LLC is a plumbing supply retailer based in Greenville, South Carolina, specializing in plumbing fixtures for both commercial and residential markets. Founded in 1996 by Grover and Tonya Martin, the company began with a small team and a modest facility, and has since expanded to an 86,000-square-foot headquarters. Prosource offers a wide range of products, including faucets, gourmet kitchen fixtures, luxury bathroom fixtures, cabinet hardware, and various accessories. The company operates additional store locations in Spartanburg and Anderson, South Carolina, as well as Hendersonville, North Carolina. With a commitment to quality, Prosource partners with reputable brands and manufacturers to provide customers with a diverse selection of high-end plumbing supplies and hardware.

Taylor Precision Products

Private Equity Round in 2014
Taylor, based in Oak Brook, Illinois, is a leading North American marketer of a wide range of branded consumer houseware products – including kitchen scales, thermometers, timers, bath scales, outdoor weather measurement products, wine accessories and barware. The company’s owned and licensed brand names include Taylor®, Homedics®, Salter®, Rabbit®, Houdini™, and Eatsmart®. With a heritage dating back over 160 years, Taylor serves customers ranging from high-end specialty stores to mass merchandisers, hardware stores, club stores, grocery stores, specialty stores, and e-commerce retailers. Its market leadership is maintained by providing high-quality, attractive products at a competitive consumer prices, plus outstanding retail customer service and support.

Rite in the Rain

Private Equity Round in 2013
The Rite in the Rain story began nearly a century ago in the forests of the Great Northwest. Entrepreneur, Jerry Darling, recognized the logging industry’s need for a durable material that could be written on and survive in poor weather conditions. Jerry developed a special coating that created a unique moisture shield on the hand-dipped sheets of paper that he and his wife, Mary, processed at their home. From humble beginnings their first all-weather paper was born! Over the many years we've perfected and patented their environmentally responsible coating process. Still located in Tacoma, their continued mission is to provide innovative products for professionals and enthusiasts who brave the outdoors.

Scale Computing

Series D in 2012
Scale Computing, Inc. specializes in edge computing, virtualization, and hyperconverged solutions tailored for midsized businesses. Founded in 2007 and headquartered in Indianapolis, Indiana, the company offers its HC3™ platform, which integrates servers, storage, and virtualization into a single, user-friendly system. This all-in-one appliance enhances storage speed and capacity while simplifying datacenter management. HC3 continuously monitors virtual machines and hardware components to ensure application availability and efficiently address infrastructure events. In addition to its core platform, Scale Computing provides services such as infrastructure refresh, virtual-to-virtual migration, physical-to-virtual migration, and disaster recovery solutions. As a result, the company is increasingly favored by IT departments across various industries looking to maintain high availability and scalability of their applications.

ABC Industries

Private Equity Round in 2012
ABC Industries is a maker of ventilation solutions and technical fabrics.

Celleration

Series E in 2011
Celleration Inc. develops and commercializes therapeutic ultrasound healing technologies in the United States. It offers MIST Therapy, a noncontact and low frequency ultrasound solution delivered through a saline mist to the wound bed. The company serves patients, medical professionals, and payers. Celleration Inc. was formerly known as Advanced Medical Applications, Inc. The company was founded in 1999 and is based in Eden Prairie, Minnesota. As of May 29, 2015, Celleration, Inc. operates as a subsidiary of Alliqua BioMedical, Inc.

Evriholder

Private Equity Round in 2008
Evriholder Products, LLC is a housewares company based in Anaheim, California, that specializes in a diverse range of products including kitchenware, baking supplies, barware, bath and personal care items, cleaning products, pet care solutions, and storage and organization systems. Founded in 1995, the company provides innovative and practical solutions for households, catering to both adults and children with offerings that range from kitchen gadgets to grooming kits. Evriholder Products sells its extensive array of branded and licensed products through various retail channels, including specialty stores, supermarkets, drug stores, and online platforms, serving a broad customer base in North America and internationally. The company operates as a subsidiary of Deflecto, LLC.

RedSky Technologies

Venture Round in 2008
RedSky for E911 protection. RedSky leverages legacy standards as well as the new National Emergency Number Association (NENA) i3 standards for Next Generation 9-1-1 (NG9-1-1) to help organizations provide effective 9-1-1 emergency response, comply with state E911 regulations and meet business requirements for safety, risk management and efficiency.

GT Exhaust

Private Equity Round in 2007
GT Exhaust, a small silencer manufacturer that has evolved into an international know in acoustics, emissions solutions and exhaust accessories. Today, the GT Exhaust brand is part of Nelson Global Products.

Endocyte

Series C in 2007
Endocyte, Inc., a biopharmaceutical company, develops receptor-targeted therapeutics to treat cancer and autoimmune/inflammatory diseases. The company provides EC17, a folate-targeted hapten therapy drug to treat metastatic renal and ovarian cancer; EC145, a folate-targeted chemotherapeutic conjugate to treat various tumors, including cancers of the breast, lung, and blood; EC0225, a targeted chemotherapy drug; BMS753493, a folate-targeted anti-cancer therapy drug; EC0434 to target folate receptor positive tumors; and EC0305, an anti-cancer therapy drug. It also offers EC0286, a folate-targeted small molecule for the treatment of inflammatory diseases; and EC20, a folate-targeted radiopharmaceutical imaging agent to identify folate-receptor positive cancers. The company was founded in 1996 and is based in West Lafayette, Indiana.
RedPath Integrated Pathology, LLC operates as a reference laboratory and provides support services for oncology cases. It offers PathFinderTG, a testing platform for resolving diagnoses from the original pathology specimen. The company serves pathologists, clinicians, and patients. RedPath Integrated Pathology, LLC was founded in 2004 and is headquartered in Pittsburgh, Pennsylvania.

EKOS Corporation

Series C in 2006
EKOS Corporation pioneered the development and the clinical application of ultrasound accelerated thrombolysis, introducing its first system for the treatment of vascular thrombosis in 2005. Today, interventional radiologists, cardiologists and vascular surgeons at leading institutions around the world use the EKOS EkoSonic Endovascular System to provide faster, safer and more complete dissolution of thrombus.

Ryan Herco Flow Solutions

Private Equity Round in 2006
Ryan Herco Flow Solutions is a leading distributor for fluid control systems, fluid filtration systems & fluid handling products. Our family of products include tubing and hose, fluid control piping & pipe fittings, valves, pumps, filters, storage tanks & drums in thermoplastic, fluoropolymer and stainless steel and specialty alloy materials. With our new Stainless Steel and Specialty Alloy product offerings, Ryan Herco will help you get the job done right. When working with clean and corrosive fluids in any industry application, RHFS is your one-stop source for all the top fluid control brands and problem-solving products. Whether you're responsible for controlling fluids at your facility, sourcing fluid components, or providing installation services, we can make your job easier. Knowledgeable people, quality products and cost-saving solutions are our hallmark.

FLA Orthopedics

Private Equity Round in 2004
FLA Orthopedics has introduced several unique lines over the last several years to upgrade its product offering.

Maxon

Private Equity Round in 2004
Maxon manufactures a range of industrial combustion valves, burners, and systems, and has experienced significant growth, which it attributes to its technology and solutions that help customers meet increasing demands around energy efficient operations, increasing environmental regulations and the industrialization of emerging economies.

Hetsco, Inc.

Private Equity Round in 2004
Hetsco is synonymous with providing highly skilled, emergency, specialty welding and construction services to the natural gas processing, petrochemical and air gas separation industries. Having completed site repairs across 44 states and more than 35 countries, Hetsco boasts a proud heritage of getting customer plants back on-line quickly and safely.

Victor Oolitic Stone

Private Equity Round in 2003
Victor Oolitic Stone is a raw material supplier of dimensional limestone including blocks, slabs, and sills.