February 28th, 2025: CID Capital is pleased to announce that PWSG (Park Wiseway Supply Group), a combined company and leading distributor of electrical, plumbing, and lighting supplies, has acquired Northport Electrical Supply (“Northport”). The acquisition continues CID’s expansion of a Distribution Build-and-Buy Platform and represents the fifth acquisition by the company since its partnership with CID in 2021.

Northport continues the expansion of the PWSG platform into Northport, Alabama, located around 2 miles from Tuscaloosa. Previous acquisitions include Park Supply, Wiseway Supply, Plumbers Wholesale Supply, Stearns Supply, and Northport Electrical Supply. PWSG has expanded its Alabama operations (Athens, Pelham, Northport, and Tuscaloosa), as well as Kentucky, Ohio, and Indiana.

About PWSG
Park Wiseway Supply Group (PWSG) is a full-line electrical and plumbing wholesale distributor serving contractors, builders, industrial, and retail customers across multiple markets.

About Northport Electrical Supply
Northport is an Alabama-based full-line electrical distributor for residential, commercial, government/healthcare, education, and industrial segments.

About CID Capital
CID Capital is a long-standing private equity group that makes control investments in high-quality, lower middle-market companies that have shown a track record of success. For companies that have reached a performance level that finds them transitioning beyond being an entrepreneurial business, CID delivers the planning, resources, and capital to overcome critical constraints 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.