M&A Deal Summary

ServicePoint Acquires SmartSource

On April 3, 2024, ServicePoint acquired staffing company SmartSource

Acquisition Highlights
  • This is ServicePoint’s 1st transaction in the Staffing sector.
  • This is ServicePoint’s 2nd transaction in the United States.
  • This is ServicePoint’s 1st transaction in Illinois.

M&A Deal Summary
Date 2024-04-03
Target SmartSource
Sector Staffing
Buyer(s) ServicePoint
Deal Type Add-on Acquisition

Target

SmartSource

St. Charles, Illinois, United States
SmartSource is a provider of IT staffing, multi-site deployment, and technical solutions. The Company serves over 100 customers across various industries throughout the nation. SmartSource was founded in 1996 and is headquartered in St. Charles, Illinois.

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Buyer(S) 1

Buyer

ServicePoint

United States
Category Company
Sector Information Technology
DESCRIPTION

ServicePoint is a field services provider focused on design & engineering, installation, and maintenance of technology infrastructure.

DEAL STATS #
Overall 2 of 2
Sector (Staffing) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Illinois) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-21 INNO4

Boston, Massachusetts, United States

INNO4 is a technology integrator and solutions provider that focuses on data infrastructure, audio visual, IT services and managed services. INNO4 was founded in 2010 and is based in Boston, Massachusetts.

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