Insights

07 June 2022

CID Looking for Investment Team Associate

Private Equity Investment Associate Job Description 

CID Capital is an Indianapolis-based private equity firm that focuses on majority investments in lower-middle market buyout transactions. We are currently expanding our investment team to include qualified associates seeking significant responsibility in transaction analysis and investment support. Successful candidates will be assigned to transaction teams and work in an entrepreneurial environment and have constant interaction with the senior members of the firm.

Primary Responsibilities

I.  Deal diligence and execution (Apx. 70%)

  • Involvement with all areas of transaction execution, from confidentiality agreement to deal closing
  • Extensive leveraged buy-out modeling and financial analysis
  • Manage data room analysis, third-party diligence, and internal investment review

II. Build value in portfolio companies (20%)    

  • Work with portfolio company executives to execute growth and margin improvement plans
  • Participate in targeted portfolio level projects including add-on acquisitions

III. Support outbound marketing and deal generation program (10%)

  • Participate in outbound calling efforts to CID’s executive network
  • Support business development team with calls on prospective investment opportunities
  • Ongoing outreach responsibilities with sourcing networks

Qualifications

  • Education: Strong academic credentials 
  • High positive energy, motivation, and entrepreneurial spirit
  • Excellent analytical skills and attention to detail
  • Ability to work independently and as part of a larger team
  • Demonstrated initiative, follow-through, leadership, and communication skills
  • Extensive financial modeling skills and deep knowledge of Excel
  • Previous private equity, investment banking, or accounting experience preferred

Compensation

Competitive salary based on position and experience with annual bonus based on performance

Timing

Ongoing

Please contact Debbie Morgan debbie@cidcap.com to share a current resume.

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13 January 2022

CID Capital Partners with LumiSource

Indianapolis-based private equity firm CID Capital (“CID”) announced that it has partnered with LumiSource. Founded in 1997, LumiSource is a provider of home décor and furnishings sold predominantly through online retailers. Terms of the transaction were not disclosed.

“We are very excited for the opportunity to accelerate our growth with CID as a platform for more home décor products and categories to expand our available assortment to our retail and commercial partners,” said Steve Lee, President of LumiSource.

“LumiSource’s culture is rooted in systematic and comprehensive new product development valued by a diverse set of customers across both e-commerce and traditional retail. This skillset, combined with highly sophisticated IT-driven operations, gives LumiSource a unique position for continued growth. We are excited about the partnership with the Lee Family and the rest of the LumiSource team,” said Steve Cobb, Managing Partner of CID Capital.

In support of the recapitalization, Stifel Bank provided the senior financing and Northstar Capital provided the subordinated debt financing. Mesirow Financial, Inc. acted as exclusive financial advisor to LumiSource on this transaction.

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09 January 2022

CID Capital Expands Investment Team

Indianapolis-based private equity firm CID Capital (“CID”) is pleased to announce the recent hiring of Chase Williams to support the firm’s continued growth.

“We are excited to welcome Chase to the CID Capital team. He is a key addition to the firm and brings deep private equity investment experience that will allow him to make immediate contributions in our transaction review and diligence efforts. We are also looking forward to Chase working alongside our high-quality portfolio company management teams as they continue to execute add-on acquisitions as part of their respective value creation plans. Chase’s background, track record, and skill set match up perfectly with the talents of the CID Capital team and we are thrilled to have him join us,” said Steve Cobb, Managing Partner.

Chase joins the CID Capital team as a Vice President and is primarily responsible for evaluating and completing new investment transactions. Prior to joining CID, Chase was with The Heritage Group on the Strategy and M&A Team where he led add-on acquisitions to existing portfolio holdings. Prior to The Heritage Group, Chase was with Berkshire Partners in Boston, where his responsibilities included analyzing new investments, financial modeling, valuation, due diligence, deal process execution, sourcing and ongoing portfolio company monitoring and support. Chase began his career in the Private Equity Group at Goldman Sachs & Co. in New York, where he focused on the evaluation and due diligence of direct company, secondary and partnership investments across leveraged buyout, venture, real estate and distressed strategies.

Chase holds a B.S. in Economics from the Wharton School at the University of Pennsylvania. Outside of work, Chase is an avid sports fan and also enjoys golf, travel, watersports, and spending time with his dog, Jada.

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