Bain Capital Double Impact Acquires Majority Stake in Rural Sourcing
March 27, 2019
Bain Capital Double Impact acquired a majority stake in Rural Sourcing, an Atlanta-based provider of onshore IT and software development services, to help scale the company’s national footprint and digital/cloud service offerings. The transaction retains Rural Sourcing’s existing management as significant investors and includes committed debt financing from Bank of Montreal; financial terms were not disclosed.
- Buyers
- Bain Capital Double Impact
- Targets
- Rural Sourcing Inc.
- Industry
- IT Services
- Location
- Georgia, United States
- Transaction Type
- Buyout
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