CrowdOut Capital to acquire Sourceability from Zollner Elektronik.

CrowdOut Capital, an Austin-based investment firm, agreed to acquire Sourceability, a distributor of electronic components, from Zollner Elektronik, a provider of electronic manufacturing services. Financial terms were not disclosed. "I could not think of a better inaugural investment for our newly launched long-term private equity fund. Sourceability has transformed electronic component distribution and has experienced extraordinary growth. We are thrilled to partner with and support Jens and the management team on the purchase of the Company. The entire Sourceability team continues to push the envelope in the development of software products designed to improve the user experience for their clients," Alexander Schoenbaum, CrowdOut Co-Founder & CEO.