September 30, 2026: CID Capital (“CID”), an Indianapolis-based private equity firm, announced its partnership with South Bay Hardware, Inc. (“SBH”) and Dave’s Lock Service, Inc. (“DLS” and, together with SBH, the “Company”). Headquartered in Santa Clara, California, the Company is a leading provider of access control and security hardware solutions for multifamily and commercial properties. SBH sources, pre-configures and tests electronic and mechanical access control hardware for customers nationwide, and DLS is a commercial locksmith specializing in the installation and service of electronic locks and access control systems across California and Washington. With over 25 years of proven operations, the Company has established a strong West Coast footprint, deep relationships with the leading access control manufacturers, and long-standing customer relationships with national multifamily owners, commercial end users and security integrators.
The Company is the fourth platform investment made from CID’s latest fund, CID Capital Opportunity Fund IV, L.P.
Co-founders Mike Wittmayer, Chief Executive Officer, and Kyle Brunet, President, will continue to lead the Company. “We’re taking an exciting step toward building a national leader in security hardware and access solutions. By investing in our people, we’re building a platform designed to deliver consistent service, clear accountability, and local expertise in every market we serve. As CEO, I’m excited to continue leading this next phase alongside Kyle Brunet and our team. The focus is to grow our existing businesses, partner with outstanding companies that share our commitment to customers, and expand our ability to serve enterprise accounts nationwide.” said Mike.
“SBH and DLS sit at the heart of the security industry, where digital access software meets mechanical hardware. Mike and Kyle have built a business that wins on technical depth and service, and we look forward to supporting the next phase of growth while preserving the culture that earned the trust of their customers,” said Eric Derheimer, Managing Partner, CID Capital.
“We are thrilled to partner with Mike, Kyle and the entire SBH and DLS teams,” said Clint Leer, Vice President at CID Capital. “The shift from mechanical to electronic access is reshaping how properties are secured, and no one does that better than SBH and DLS.”
Working alongside Eric Derheimer and Clint Leer on the investment were Eric Bruun and Harrison Steck. Please reach out to Clint Leer: clint@cidcap.com, with any questions or potential new investment or add-on acquisition opportunities.
About South Bay Hardware, Inc. and Dave’s Lock Service, Inc.
Headquartered in Santa Clara, California, SBH and DLS together form a leading provider of access control and security hardware solutions, offering consulting and design, hardware sourcing and pre-configuration, installation, and ongoing service for multifamily and commercial customers across the West Coast and, through a network of installation partners, nationwide.
About CID Capital
CID Capital is a private equity firm with decades of experience partnering with high-quality, lower-middle market companies. CID makes control investments in companies with a proven track record of success and works alongside management teams to provide strategic guidance, resources, and capital for the next phase of growth. CID combines a focus on founder- and family-owned companies with a collaborative approach to help its portfolio companies unlock potential and build long-term value.
This message does not constitute tax or legal advice or an offer or solicitation with respect to the purchase or sale of any security in any jurisdiction in which such offer or solicitation is not authorized or to any person to whom it would be unlawful to make such offer or solicitation. Past performance does not guarantee future returns. CID Capital did not compensate any of the persons for providing quotes for the press release.