Cerberus Capital Management Acquires Source Code Holdings

Capitala Group Makes Growth Investment in Source Support Services

January 7, 2020

IT Services

Capitala Group has made a growth investment in Source Support Services, acquiring the company alongside members of Source Support's senior management from founder Mark Oldfield. The capital will be used to scale Source Support’s global platform, expand into information, medical and industrial automation technology markets, and enhance its service and technology capabilities.

Source Capital Provides Debt Financing to Nexus Cognitive Solutions to Support Add-on Acquisition

November 23, 2021

AI & Machine Learning

Source Capital, via its credit fund (Source Capital Credit Opportunities IV, LP) and its SBIC fund, has made an investment in Nexus Cognitive Solutions by providing debt financing to support Nexus’s acquisition of a cloud solutions and software development services provider. Nexus Cognitive Solutions, a service-disabled veteran-owned AI, data analytics and software-development firm headquartered in Addison, Texas, will use the financing to deepen its cloud, systems-integration and software development capabilities and accelerate growth in the public sector and enterprise markets.

Harris Acquires SourceGroup

September 2, 2020

Healthcare Services

N. Harris Computer Corporation (Harris) acquired SourceGroup CBO, L.L.C, a Thibodaux, Louisiana–based medical billing software provider. The deal expands Harris Healthcare's revenue cycle management capabilities by adding SourceGroup into its Ultimate Billing group to strengthen service for CareTracker customers.

CloudBees Acquires Codeship

February 6, 2018

Cloud & SaaS

CloudBees has acquired Codeship, a SaaS continuous integration and continuous delivery (CI/CD) platform. The Codeship team will join CloudBees and the product will continue to be offered as a SaaS solution while expanding CloudBees’ CI/CD portfolio and capabilities.

Gemspring Capital Acquires GoldenSource

May 17, 2022

Data & Analytics

Gemspring Capital (through an affiliate) has acquired GoldenSource Corp., a New York City–headquartered provider of enterprise and master data management software and related cloud hosting/managed services for financial services firms. GoldenSource, founded in 1984 with about 380 employees, will partner with Gemspring to accelerate product innovation, organic growth, and pursue strategic acquisitions to address rising demand from banks, asset managers, and capital markets firms.

UPSTACK Acquires LinkSource Technologies' Network & Cloud Sourcing Business

March 6, 2024

IT Services

UPSTACK acquired the network and cloud sourcing business of LinkSource Technologies LLC and formed a strategic partnership with LinkSource's hardware sourcing arm, LinkSource Systems. The deal brings LinkSource's network, cloud and managed-services capabilities and several team members into UPSTACK while founders Curt Lewis and Jason Newbold retain ownership of the hardware business and remain invested owners.