Source Capital Supports Seneca Partners’ Investment in Wyoming Corporate Services

Source Capital, through Source Capital Credit Opportunities IV, LP (“SCCO IV”), is pleased to announce its investment in Wyoming Corporate Services, Inc. (“WCS”) a corporate formation services company focused on registered agent services, asset protection, and other virtual office services. SCCO IV and White Wolf Private Credit (“WWC”) supported the acquisition WCS by private equity sponsor Seneca Partners (“Seneca”), providing debt financing and an equity co-investment to support the transaction.

Headquartered in Cheyenne, Wyoming, WCS offers a wide menu of offerings related to corporate formation. WCS offers its products and services to new businesses to benefit from Wyoming’s business-friendly state legislation coupled with ongoing support and service for its customers. WCS will also be offering a suite of products to enable registration and compliance with the Corporate Transparency Act, which will be effective in January 2024.

“Seneca brings its track record and specialized focus in lower middle market businesses to the Company, and we are excited to partner with them and WWC to support the Company in its acquisition of WCS and in its next phase of growth” said Rob Kissling, Principal at Source Capital.


About Source Capital, LLC

Source Capital is a private investment firm focused on providing flexible equity and debt capital to lower middle-market companies across a range of industries. Source Capital’s investment strategy targets growing companies with greater than $2 million in EBITDA seeking a growth-oriented partner. Since its founding in 2002, Source Capital has made 27 equity platform investments, 57 add-on acquisitions and 50 debt investments through four separate credit funds.  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.

© 2019 Source Capital | All Rights Reserved. Web design & development by James Ross Advertising. | Disclaimer