Tech Company M&A Transactions
Sourced Acquisition
Sourced was bought by Amdocs. The transaction was announced on 5/12/2021. Amdocs said the transaction price was $75 million.
Transaction Overview
Company Name
Acquired By
Announced On
5/12/2021
Transaction Type
M&A
Amount
$75,000,000
M&A Terms
Amdocs acquired Source in mid-March for a net consideration of approximately $75 million in cash. Additional consideration may be paid later based on the achievement of certain performance metrics.
Company Information
Company Status
Acquired or Merged
Industry
Consulting
Mailing Address
55 York St. 13th Floor
Toronto ON, M5J 1R7
Canada
Toronto ON, M5J 1R7
Canada
Phone
Website
Email Address
Overview
Sourced is a rapidly-growing global consultancy with offices in Australia, Canada and Singapore. Founded in 2010, we provide consulting services to migrate enterprise customers to hyperscale cloud providers. We specialize in organisation-wide cloud transformation and DevOps enablement for a wide range of industries, including financial services, healthcare, aviation, media and telecommunications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jon Spinks
Chief Financial Officer
Wilson Lee
VP - Bus. Development
John Painter
VP - Human Resources
Angela Hountalas
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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