High Street Capital and Greyrock Capital Group are pleased to announce the successful sale of DSI/Data Source, Inc. (“Data Source”) to Inverness Graham Investments. Data Source, based in Kansas City, MO, is a business process outsourcing (BPO) service organization that provides a total solution to document design and distribution and other “back-office” services essential to the successful operation of multi-location businesses such as commercial franchises, auto dealerships, retail insurance, branded products, industrial products and restaurant concepts. Terms of the sale were not announced.
High Street Capital and Greyrock Capital Group partnered with the founders in March of 2007 to grow Data Source both organically and through acquisitions. During their ownership, Data Source built a management team for growth, expanded to three industry verticals, completed three acquisitions and two strategic partnerships, added over 37 new clients, and grew revenues over 55%.
More information is available at www.data-source.com.