Northstar Capital (“Northstar”), a provider of junior capital for middle market private equity transactions, is pleased to announce its investment in LumiSource, LLC (“LumiSource”), a portfolio company of CID Capital (“CID”).
Founded in 1997, LumiSource is a leading full-service supplier in the home décor and furnishings industry, selling stylish and affordable products across living, dining, office, and lighting categories. The Company is a nationally recognized designer, supplying to some of the nation’s top e-commerce and traditional retailers. Based in Elk Grove Village, IL, LumiSource has additional warehouses throughout the United States, Canada, and the UK with two permanent showrooms in Las Vegas, NV and High Point, NC. For more information on LumiSource, please visit https://lumisource.com/.
Northstar provided debt and an equity co-investment to help CID finance the transaction. The Northstar team remains committed to partnering with experienced management teams and private equity sponsors to help good companies become even better. LumiSource is the twentieth platform investment in Fund VII, a $500 million committed parallel fund strategy consisting of Northstar Mezzanine Partners VII L.P. and Northstar Mezzanine Partners SBIC L.P.