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Crowdout Capital Acquires Sourceability, A Leading Global Distributor Of Electronic Components

Jan 10, 2023•over 2 years ago

Acquiring Company

CrowdOut Capital

Acquired Company

Sourceability

DoralAngel InvestmentVenture CapitalFinanceFinancial ServicesSupply Chain ManagementLogisticsE Commerce

Description

CrowdOut Capital LLC ("CrowdOut"), an Austin-based investment firm, announced today that CO Long Term Equity Fund I LP ("COLT"), and affiliates partnered with senior leadership to acquire Sourceability (the "Company"), a global distributor of electronic components offering digital tools, services and data, from Zollner Elektronik AG ("Zollner").

Company Information

Company

CrowdOut Capital

About

CrowdOut Capital is a leading private investor in lower to middle-market companies. CrowdOut's network of experienced owner-operators and industry veterans provides exclusive deal opportunities and key insights during underwriting and due diligence. In addition to getting access to needed capital, companies benefit from the industry expertise of CrowdOut's connected network of investors. Family offices, institutional and accredited investors can invest through dedicated credit and equity funds or deal-by-deal through a tech enabled marketplace. CrowdOut has originated more than $750 million in debt and equity investments since its inception.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed