Bancsource

Springfield, United States Founded: 1979 • Age: 47 yrs Acquired By Cennox
Provider of ATM Installation Services

About Bancsource

Bancsource is a Financial Services company based in Springfield (United States) founded in 1979, and was acquired by Cennox in May 2021. Provider of ATM Installation Services. The company has 326 employees. Its chief executive, as recorded, is Mychal Kempt. Its focus areas include Service Providers to Banks, White Label ATMs and ATM Services. Its legal entity is Bancsource Inc.

Company details

Bancsource was founded in 1979 and is headquartered in Springfield, United States. ATM installation services are offered by the company within the financial technology sector. Operations focus on deploying and maintaining ATMs for clients across various locations. The organization is led by CEO Mychal Kempt, with activities centered on reliable infrastructure support in the banking industry.

  • Headquarters Springfield, United States
  • Employees 326
  • Stage Acquired
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website bancsource.net
  • Social LinkedIn X Facebook
  • Acquired by Cennox (May 2021)
  • Legal Name Bancsource Inc
Key Metrics

Investors in Bancsource

Bancsource has secured backing from 2 investors. Prominent investors backing the company include Cennox and CW Industrial Partners.

All
InvestorDescriptionFounded YearDomainLocation
Bank equipment maintenance services are provided to financial institutions.
2004cennox.comMissoula, United States
A private equity firm focused on industrial business investments.
cwindustrials.comCleveland, United States
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Investor details for Bancsource

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People of Bancsource

6 people are tracked at Bancsource (2 in leadership, 4 in team); the tracked headcount is 326.

NameRoleGroup
Mychal Kempt
CEOLeadership
Debbie Jones
Regional Sales DirectorLeadership
Scott Braun
ATM EngineerTeam
Stuart Bartley
Account ExecutiveTeam
Sonny Shannon
EVPTeam
Craig Barnsley
Customer Support Engineer - Team LeadTeam
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Complete people profiles for Bancsource

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  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of Bancsource

3 dated milestones of Bancsource across 42 years, from founding to its latest funding, stage changes and deals.

  1. Founded Bancsource is founded.
  2. Exit Acquired by CW Industrial Partners.
  3. Exit Acquired by Cennox.

Web traffic of Bancsource

The website of Bancsource (bancsource.net) receives about 1.5K visits a month.

  • Monthly visits
    1.5K

    ▼ 1.5% vs previous month

Top companies in Banking & FinTech Platforms

3 companies that operate in the same segment as Bancsource (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online business banking and financial workflow tools are provided.
2010San Francisco, California, United StatesUSD 546 MUSD 2.71 M1,807
Digital banking services are offered to individuals via mobile apps.
2012San Francisco, California, United StatesUSD 3.15 BUSD 1.96 B2,516
Digital sustainable banking services are offered to consumers.
2013Los Angeles, California, United StatesUSD 865 M237
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Frequently Asked Questions about Bancsource

Bancsource was founded in 1979.

Bancsource is headquartered in Springfield, United States.

Mychal Kempt is the CEO of Bancsource, as recorded in our data.

Bancsource has 326 employees.

Bancsource was founded in 1979 and is headquartered in Springfield, United States. ATM installation services are offered by the company within the financial technology sector. Operations focus on deploying and maintaining ATMs for clients across various locations. The organization is led by CEO Mychal Kempt, with activities centered on reliable infrastructure support in the banking industry.

Bancsource has 2 investors. Key investors include Cennox, and CW Industrial Partners.

Bancsource operates through Bancsource Inc.

Yes. Bancsource was acquired by Cennox in May 2021.

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