---
schema_version: "secwatch.filing_event.v1"
accession: "0001803599-22-000092"
form_type: "8-K"
ticker: "CNXC"
cik: "0001803599"
company_name: "Concentrix Corp"
filed_at: "2022-05-09T23:59:59+00:00"
generated_at: "2026-06-25T22:35:31.919144+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Concentrix to acquire ServiceSource for $1.50/share, ~$131M total

## Summary
- All-cash deal valued at ~$131M, including ~$20M net cash; $1.50/share price.
- Expected year-one contribution: ~$230M revenue and ~$38M adjusted EBITDA.
- Implied EV/EBITDA multiple ~3.5x based on expected year-one adjusted EBITDA.
- Closing expected in H2 FY2022, subject to ServiceSource shareholder and regulatory approvals.
- Edenbrook Capital and Archon Capital, owning ~31% of SREV shares, agreed to vote in favor.

## SEC filing metadata
- accession: 0001803599-22-000092
- form_type: 8-K
- ticker: CNXC
- cik: 0001803599
- company_name: Concentrix Corp
- filed_at: 2022-05-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1803599/000180359922000092/0001803599-22-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1803599/000180359922000092/cnxc-20220509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001803599-22-000092
- JSON: https://secwatch.observer/filing/0001803599-22-000092.json
- Plain text: https://secwatch.observer/filing/0001803599-22-000092.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.