JMC Capital Partners Acquiring Source Code

JMC Capital Partners announced the acquisition of Source Code Corporation.

“We are thrilled to partner with JMC,” said Arthur Ataie, CEO, Source Code. “The Source Code management team is excited about the opportunity to leverage JMC’s experience to continue to expand our business and to strengthen our position in our core markets. We look forward to capitalizing on the resources this new relationship provides.”

JMC plans to continue Source Code’s strategy and performance through a combination of strategic acquisitions and organic growth.

“We are pleased and excited to add Source Code as a JMC Platform company,” sad Michael D’Amelio, managing partner, JMC. “Source Code’s management team has done an excellent job at growing their business and we look forward to continued success.“

About Source Code
Founded in 1992, this firm is a manufacturer of custom built server and storage devices as well as a provider of IT services. It ships thousands of server systems each month from various locations. The flagship facility is located in Norwood, MA with over 40,000 sq. ft. and is ISO 9001:2008 certified. It has corporate HQs in Waltham, MA and additional facilities in Beverly, MA, Westfield, MA, and Buffalo, NY.

About JMC
Since their inception in 1999, the company has adhered to a consistent approach and strategy focused around driving value through operational and strategic excellence in industrial product and industrial technology focused companies. Its partners come from operating backgrounds and have executed this strategy as owners and operators as well as investors. The firm is able to streamline the acquisition process, focus on the important outcomes, and provide rapid and timely transactions.