CrowdOut Capital and Sourceability Management Acquire Sourceability from Zollner Elektronik AG
January 10, 2023
Austin-based CrowdOut Capital, alongside its CO Long Term Equity Fund I (COLT) and Sourceability senior leadership, completed a management-led buyout of Sourceability from Zollner Elektronik AG. The transaction provides growth capital and a strengthened balance sheet to support Sourceability's digital marketplace and global distribution expansion.
- Buyers
- CrowdOut Capital LLC, CO Long Term Equity Fund I LP (COLT), Sourceability senior leadership / management team
- Targets
- Sourceability
- Sellers
- Zollner Elektronik AG
- Industry
- Logistics & Distribution
- Location
- Texas, United States
- Transaction Type
- Buyout
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