PE-backed MetaSource buys Dataimage


MetaSource, which is backed by LaSalle Capital, has acquired Salt Lake City-based Dataimage Inc, a provider of business analytics, workflow design, business process automation and electronic document management solutions. No financial terms were disclosed.

PRESS RELEASE

May 23, 2017 – Chicago, IL – LaSalle Capital and its portfolio company, MetaSource, are pleased to announce the acquisition of Dataimage, Inc. (“Dataimage” or the “Company”). Based in Salt Lake City, UT, Dataimage is an industry leader in business analytics, workflow design and business process automation, and electronic document management solutions. The acquisition of Dataimage broadens MetaSource’s service offerings within technology-enabled workflow services and solutions. Dataimage represents LaSalle Capital’s fifth add-on investment to the MetaSource platform.

Dataimage Co-Owner, Scott Morgan, commented, “MetaSource’s reputation for integrity and excellence speaks for itself and fits seamlessly with the vision we had for this company when we founded it. Needless to say, we are very happy to join the MetaSource family.”

“The high quality of service, impeccable reputation, and industry and technical knowledge that Dataimage brings to the table perfectly complements our existing suite of solutions and values,” added MetaSource CEO, Adam Östhed.

If you have questions regarding this transaction or would like to discuss other opportunities in the technology-enabled Business Process Outsourcing (BPO) / Business Processes as a Service (BPaaS) industry, please contact Ryan Anthony or Nick Christopher of LaSalle Capital at (312) 236-7041.

About MetaSource MetaSource, based in Draper, UT, is a technology-enabled BPaaS company with a focus on the financial services industry. MetaSource offers a full range of services, including business process management and content management solutions delivered via premise-based and SaaS-based platforms designed to help customers achieve organizational efficiencies, manage compliance risk, realize cost savings, and accomplish other strategic objectives.

About LaSalle Capital LaSalle Capital is a leading private equity firm with extensive experience in the lower middle market. We currently manage two funds totaling over $330 million in capital. We have a proven track record of partnering with management teams to increase value in our companies by providing strategic operating focus and driving growth organically and through acquisitions. We have domain expertise and investment focus in two industry sectors: food and beverage and technology-enabled business services.

Take your pick!

  • Buyouts delivers exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more. Get your FREE trial or subscribe now.
  • VC Journal provides exclusive news and analysis about venture capital deals, fundraising, top-quartile investors and more. Get your FREE trial or subscribe now.