CID Capital Closes $300M Fund IV Amid High Demand

Indianapolis-based private equity firm CID Capital has closed its Opportunity Fund IV at $300 million, surpassing its initial target due to strong investor demand. This buyout fund focuses on acquiring lower middle-market companies across various industries, particularly in the Midwest. Fund IV builds on CID Capital's strategy of identifying high-growth companies and implementing add-on acquisitions to drive value creation. With this new capital, CID Capital aims to continue expanding its portfolio through strategic partnerships and acquisitions.