An affiliate of Source Capital ("Source Capital") is pleased to announce its strategic investment in KeyMark, LLC ("KeyMark" or the "Company"), a leading provider of automation solutions that integrate best-of-breed technologies to help companies increase their efficiency, data quality, and artificial intelligence ("AI") readiness. Through their consultative outcome-based approach, Keymark has helped drive adoption of automation solutions across industries and captured millions of dollars of efficiency for their customers. KeyMark's deep technical and industry expertise combined with purpose-built solutions provide the foundation for the Company to help its customer base navigate the rapid convergence and deep integration of automation, machine learning, and artificial intelligence solutions.
"We are excited to partner with Source Capital, whose expertise and resources will enable us to expand our capabilities and better serve our clients," said Jim Wanner, CEO of KeyMark. "This partnership aligns with our commitment to delivering innovative automation solutions and reinforces our position as a leader in the industry."Ben Emmons, Managing Director at Source Capital, added, "KeyMark has a proven track record of providing exceptional automation solutions. We look forward to supporting their continued growth and success in delivering cutting-edge services to their clients."
KeyMark was advised by Canaccord Genuity, LLC. Nelson Mullins Riley & Scarborough LLP provided legal counsel to KeyMark. Kilpatrick Townsend & Stockton LLP provided legal counsel to Source Capital.
About KeyMark
Since 1996, KeyMark has empowered businesses and government organizations to enhance productivity and reduce manual work through cutting-edge process automation technologies equipped with artificial intelligence and machine learning. KeyMark is the owner of FileHold Services ULC, CloudCapture, Forms InMotion, and KeyMark Cloud - AI-enabled solutions built on expertise to help organizations across industries and verticals master intelligent capture, document management, and resource management. KeyMark also provides award-winning implementation and lifetime support services for products built by best-in-class vendors, including Hyland Software, UiPath, ABBYY, Tungsten (formerly Kofax) and Blue Prism. KeyMark is headquartered in Liberty, SC. For more information, visit www.keymarkinc.com.
About Source Capital
Source Capital is an Atlanta, GA-based private investment firm that has been providing flexible equity and debt capital to lower middle market companies for over 20 years. The firm has a value-added investing approach that brings (i) patient capital focused on long-term value creation; (ii) collaborative partnerships with management teams, founders/owners, private equity investors and independent sponsors; and (iii) strategic and operational resources to its portfolio companies. To learn more about Source Capital or to discuss a new equity or debt investment opportunity, please reach out to a member of our investment team or visit www.source-cap.com.