Announced
Completed
Financials
Sources
Tags
Private
Business Process Outsourcing
Acquisition
business services
Completed
United States
Private Equity
Synopsis
Sale of a controlling interest in SRS Acquiom, a provider of shareholder representation, payments administration, and escrow investment services to merger parties for managing post-closing activity, to Lovell Minnick Partners by Revolution Ventures and Top Tier Capital Partners. Financial terms were not disclosed. “The SRS Acquiom team has built out an impressive presence in the United States, and we fully support the Company’s plans to expand its product offerings and to grow internationally,” added Brad Armstrong, a Partner at LMP. “At Lovell Minnick, we have had a long and successful history of supporting portfolio companies in executing upon both organic and inorganic growth initiatives, and we believe the Company is well-positioned to grow through add-on acquisitions of complementary products and services.”
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