CapitalWorks Acquires Majority Stake in Bancsource, Inc.

Cennox Acquires Bancsource

June 2, 2021

Industrial Services

Cennox, a York Capital-backed portfolio company, has acquired Bancsource, a U.S.-based provider of maintenance and services for cash automation equipment, from CapitalWorks. The deal expands Cennox's U.S. footprint and service capabilities in ATM and cash automation maintenance; terms were not disclosed.

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.

Bain Capital Private Equity Acquires PartsSource from Great Hill Partners

July 20, 2021

Healthcare Services

Bain Capital Private Equity has signed a definitive agreement to acquire PartsSource, a Cleveland-based online marketplace and cloud software provider for medical equipment parts and repair services, from Great Hill Partners. The investment will support PartsSource's growth plans to broaden its solutions portfolio, expand its marketplace platform, and pursue strategic acquisitions and international expansion; financial terms were not disclosed.

Southern Missouri Bancorp Acquires Citizens Bancshares for $140M

September 20, 2022

Financial Services

Southern Missouri Bancorp Inc., the parent of Southern Bank, agreed to acquire Kansas City–based Citizens Bancshares Co. in a stock-and-cash transaction valued at approximately $140 million. The deal, unanimously approved by both boards, gives Citizens shareholders a choice of shares or $53.50 cash per share, will add 14 branches in Missouri and is expected to be accretive to Southern Missouri Bancorp's EPS over the following fiscal years, subject to customary approvals.

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.

Huntington Bancshares Acquires Capstone Partners

March 1, 2022

Financial Services

Huntington Bancshares Incorporated has entered into a definitive agreement to acquire Capstone Partners, a leading middle-market investment banking and advisory firm. The acquisition adds M&A, capital advisory and financial advisory capabilities to Huntington's Capital Markets offerings to better serve middle-market commercial banking clients; terms were not disclosed.