InfoSync Services (“InfoSync” or the “Company”), a provider of outsourced professional services, is pleased to announce its sale from Staple Street Capital to CogentHub (“CogentHub”), a global provider of business technology solutions.
InfoSync is a market-leading provider of comprehensive outsourced accounting, finance and payroll services to multi-unit franchisees and franchisors. InfoSync specializes in helping restaurants and other multi-unit businesses reduce costs, improve reporting, and focus on their core business by relying on experienced outsourcing professionals.
CogentHub is a global service provider of a wide range of business technology services including front-office management, knowledge services, integrated BPO and back-office management. They serve clients in a variety of end markets – including Travel & Hospitality, Healthcare, Telecom & ISP, Utilities, and e-Commerce – and they leverage a global footprint to provide best-in-class BPO solutions to multinational clients.
InfoSync’s Chairman Dale Hoyer commented, “We are grateful for Staple Street Capital’s partnership and support during their ownership. We believe that partnering with CogentHub positions us well to continue to build on InfoSync’s strong market leadership position.”
CogentHub’s Director & CEO Avinash Vasa commented, “We are very excited about this partnership which allows us to reaffirm our commitment to collaboration and delivering exceptional customer experiences on a global scale. InfoSync’s unique service offering combined with an incredibly passionate team makes us believe that InfoSync shall continue to create value for all its stakeholders and be a dominant market player.”
The partners of Staple Street Capital said, “We want to thank the InfoSync team for their hard work and committed leadership, and we wish them the best as they partner with a strategic acquiror who can provide additional capabilities to the Company’s customer base.”
The transaction closed on January 10. Terms of the transaction were not disclosed.
About Staple Street Capital:
Staple Street Capital is a leading private equity firm with approximately $900 million of capital under management and invests in market‐leading businesses where there are transformational opportunities to create value. SSC helps companies capitalize on new opportunities to build stronger, more valuable businesses. For more information see www.staplestreetcapital.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250116828620/en/
Contacts
Dale Hoyer, InfoSync
Dale.Hoyer@issvc.com
(316) 685-1622
