Concentric Provides Growth Financing to One Source Communications; One Source Acquires SUMO Technologies

Concentrix Acquires ServiceSource International

May 9, 2022

Professional Services

Concentrix Corporation agreed to acquire ServiceSource International, Inc. in an all-cash transaction valued at approximately $131 million to expand Concentrix's B2B digital sales and customer success capabilities. The deal, announced May 9, 2022, is expected to be accretive in the first year driven by revenue and cost synergies and is financed primarily with Concentrix cash and credit facility capacity.

Circet USA Acquires SourceOne

August 4, 2025

Telecommunications

Circet USA has acquired SourceOne, a U.S.-based outside-plant (OSP) engineering and utility consulting firm, to strengthen its telecom engineering capabilities and deliver more integrated end-to-end network infrastructure solutions. SourceOne will continue to operate under its existing name and leadership, and the deal enhances Circet USA's ability to support broadband expansion, utility modernization, and government projects nationwide.

Concentric (OnPoint Group) Acquires Mesa Technical Associates

May 11, 2022

Electrical Services

Concentric, LLC, an OnPoint Group company, has acquired Mesa Technical Associates, a provider of DC power systems and turn-key engineering, installation and service for mission-critical infrastructure. The deal expands Concentric's critical power footprint into New York and the Northeastern U.S. while adding Mesa's technical talent and capabilities serving utilities, telecommunications and energy storage markets.

One Source Acquires CT Solutions

April 16, 2025

IT Services

One Source, a technology advisory and managed IT services firm, has acquired CT Solutions, a provider of technology consulting and unified communications services, to strengthen its capabilities and expand its presence in the Atlanta metro market. CT Solutions will operate as CT Solutions (a One Source company), giving its clients access to One Source’s broader managed services, partnerships, and resources.

Concentric, LLC (an OnPoint Group Company) Acquires Southern States Enterprises, Inc.

February 4, 2021

Industrial Services

Concentric, LLC, an OnPoint Group company, has acquired Southern States Enterprises, Inc., a Florida provider of forklift power, docks, doors, racking and warehouse equipment services. The deal expands Concentric's footprint across Florida and augments its material-handling and warehouse services capabilities.

Concentric, LLC Acquires Communication Power Solutions, Inc.

August 15, 2024

Electrical Services

Concentric, LLC has acquired Communication Power Solutions (CPS), a Southwest U.S. provider of DC power design, installation and maintenance for communications and data center customers. The deal expands Concentric’s footprint in the Southwest and strengthens its engineered DC power capabilities by integrating CPS’s technicians and design team.