INS Acquires Source Inc. to Expand Intelligent, Secure, and Scalable Networking Solutions

In The News
March 19, 2025

Ropes & Gray represented Industrial Networking Solutions (INS) and CIVC Partners in the rollover equity and acquisition financing aspects of its acquisition of Source Inc., a technology solutions provider specializing in wireless networking, IoT, and POTS replacement solutions. The transaction was announced in a March 12 press release.

INS specializes in wired and wireless networking solutions, cybersecurity, and managed services, ensuring businesses across manufacturing, energy, transportation, and beyond stay connected and protected. CIVC Partners is a Chicago-based private equity firm investing in high-growth middle market companies in business services sectors.

The Ropes & Gray team included private equity partner Matt Richards, finance partner Greg Bauer, tax partners Alyssa Kollmeyer and Brandon Dunn, and executive compensation & employee benefits partner Matt Jones.