# Source Financial to acquire CSES Group via merger

Source Financial, Inc. and CSES Group, Inc. executed an Agreement and Plan of Merger whereby CSES will become a wholly owned subsidiary of Source Financial. CSES has raised over $4.5 million to increase manufacturing capacity of its alltemp refrigerant at its Oregon plant.

- Type: Acquisition
- Announced: 2017-01-31
- Where: United States
- Status: announced
- Products: alltemp refrigerant
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Source Financial, Inc.](https://endata.com/companies/21821.md) (acquirer)
- [CSES Group, Inc.](https://endata.com/companies/21822.md) (target)

## Sources

- [accessnewswire.com](https://www.accessnewswire.com/newsroom/en/banking-and-financial-services/source-financial-enters-into-definitive-agreement-and-plan-of-merger-453683), 2017-01-31: "Source Financial, Inc. and CSES Group, Inc. executed an Agreement and Plan of Merger, whereby CSES will become a wholly owned subsidiary of the Company upon the completion of the merger."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.