Cerberus completed the acquisition of Source Code from JMC Capital Partners.

Cerberus, an American private equity firm, completed the acquisition of Source Code, a provider of customized hardware solutions for high-performance computing, artificial intelligence, and edge computing, from JMC Capital Partners, a private equity firm. Financial terms were not disclosed. "Emerging trends in IT infrastructure are driving a new wave of demand for tailored, high-performance solutions. Source Code’s scale, breadth, and depth of engineering and design capabilities are distinctive in the industry. We are excited to partner with Source Code’s talented team to invest in its platform and build on its leadership position," Michael Sanford, Cerberus Senior Managing Director.