eSource Capital Group Acquires Daxos

Amdocs Acquires Sourced Group

March 15, 2021

IT Services

Amdocs acquired Sourced Group, a Toronto-based cloud transformation consultancy, in mid-March 2021 for approximately $75 million in cash (with potential additional earnout consideration). The acquisition strengthens Amdocs' cloud transformation capabilities and expands its services for communications, media and other enterprise customers across North America, Asia-Pacific and Australia.

Daxko Acquires TennisSource

October 16, 2019

Software

Daxko, a provider of technology and payment solutions for member-based health and wellness centers, acquired TennisSource, a Colorado-based provider of tennis facility management software. The acquisition expands Daxko's Club Automation capabilities and strengthens its offering for tennis clubs and sports facilities.

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.

Eos Partners Majority Recapitalizes MetaSource

June 1, 2022

IT Services

Eos Partners led a majority recapitalization of MetaSource, a Draper, Utah-based provider of technology-enabled BPO and digital transformation services. Longshore Capital Partners sold the majority stake but remains a minority investor and board representative, while MetaSource senior management also invested and will continue to lead the business.

EXL Acquires Datasource Consulting

October 27, 2016

Data & Analytics

EXL (NASDAQ:EXLS) has acquired Datasource Consulting, LLC, a Denver-based enterprise data management and business intelligence firm. The acquisition expands EXL's data strategy, data architecture and BI capabilities, enabling broader end-to-end enterprise data management and ongoing data services.

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.