CapitalWorks Acquires Majority Stake in Bancsource, Inc.
April 2, 2015
Cleveland private equity firm CapitalWorks, LLC has acquired a majority ownership stake in Bancsource, Inc., a Republic, Missouri-based provider of ATM and cash-cycle equipment sales and maintenance services to banks and retailers. CapitalWorks said it plans to invest in and grow Bancsource while Bancsource's existing leadership will remain active in management.
- Buyers
- CapitalWorks, LLC
- Targets
- Bancsource, Inc.
- Industry
- Financial Services
- Location
- Missouri, United States
- Transaction Type
- Buyout
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