Mosaic-led ESOP Acquires NuSource Financial from Tonka Bay

Convergint Acquires NuSource Financial

November 6, 2025

Professional Services

Convergint, a global systems integrator, has acquired NuSource Financial LLC, a provider of branch transformation, ATM services and security solutions for U.S. financial institutions. The transaction (terms undisclosed) brings over 140 NuSource employees into Convergint and represents an exit for private equity sponsor Mosaic Capital Partners; Stifel served as NuSource's financial advisor.

Corporate Technologies Acquires NuMSP

January 30, 2024

IT Services

Corporate Technologies, a national managed service provider based in Eden Prairie, Minnesota, has acquired NuMSP, an MSP serving small and mid-sized businesses, expanding Corporate Technologies' national footprint to 16 markets across eleven states. The deal, facilitated by IT ExchangeNet, enhances service capabilities (including 24x7 NOC and SOC) for NuMSP clients and is Corporate Technologies' first acquisition since being acquired by Tonka Bay Equity Partners in July 2023.

NexusTek Acquires Enterprise Solutions Providers (ESP)

September 17, 2024

IT Services

NexusTek, a managed IT services provider based in Greenwood Village, Colorado, has acquired Enterprise Solutions Providers (ESP), a founder-led hospitality-focused technology provider headquartered in Monroe, Connecticut. The acquisition creates NexusTek's first dedicated hospitality services vertical and brings ESP's leadership (Jason and Abby Pullo) into NexusTek to continue leading the new vertical.

Mosaic Capital Partners Invests in Gautier Steel ESOP

August 11, 2023

Manufacturing

Mosaic Capital Partners led an investment into the newly formed Gautier Steel Holdings Inc. ESOP, supporting the combination of two mills operating in Johnstown, Pennsylvania. Financial partners in the transaction included Tecum Capital, Salem Investment Partners and Patriot Capital, and CEO Glen Buckley will continue to lead the business while employees receive substantial retirement benefits through the ESOP.

Eos Partners Majority Recapitalizes MetaSource

June 1, 2022

IT Services

Eos Partners led a majority recapitalization of MetaSource, a Draper, Utah-based provider of technology-enabled BPO and digital transformation services. Longshore Capital Partners sold the majority stake but remains a minority investor and board representative, while MetaSource senior management also invested and will continue to lead the business.

Mosaic Capital Partners Facilitates ESOP Acquisition of Boston Barricade

July 19, 2019

Building Products

Mosaic Capital Partners announced an ESOP-backed acquisition of Boston Barricade Holdings, Inc., enabling founders Bob and Cynthia Putnam to provide liquidity and transition ownership to employees while retaining Bob Putnam as CEO. Boston Barricade is a nationwide provider of modular barricade systems, retail graphics and installation services headquartered in Vero Beach, Florida; Boxwood Partners served as the company’s financial advisor.