LONDON, Ky. — Kingswood Capital Management announced that it has signed a definitive agreement to acquire Senture from the company’s current shareholders. The acquisition is anticipated to close during the first quarter of 2021.
Founded in 2003, Senture is a provider of multi-channel contact center solutions to government agencies, commercial customers and large system integrators.
The company’s combination of flexible technology, proprietary training, dedicated staff and speedy response to the COVID-19 pandemic enabled it to further accelerate its significant growth trajectory in recent years throughout the course of 2020. With over 3,400 current employees, the Company was again in 2020 named one of the Best Places to Work in Kentucky by the Kentucky Chamber of Commerce.
Prudential Private Capital is providing debt financing for the acquisition. Configure Partners, Goodwin Procter, and Moelis & Company LLC advised Kingswood on the transaction. SC&H Capital, Henry Watz Raine & Marino, PilieroMazza, and Saul Ewing Arnstein & Lehr advised Senture on the transaction.