Oliver E. Wriedt Joins SourceCo as Chairman to Drive Growth After Acquiring SMC Infrastructure Partners’ Interest

New York, New York – [12/02/2025]– SourceCo, an AI- and data-driven origination platform and marketplace that connects independent business owners with institutional lower middle market private equity investors today announced that HighKey Holdings LLC has acquired the equity position previously held by SMC Infrastructure Partners. The entity is controlled by Oliver E. Wriedt who has joined SourceCo as Chairman of the Board.

An investor since early 2023, Mr. Wriedt will be working closely with SourceCo’s executive team to accelerate the platform’s next phase of growth, strengthen institutional relationships and build partnerships that allow more independent business owners to achieve their goal monetizing their life’s work.

Mr. Wriedt is an experienced private markets professional with a 30+ year track record.  Prior to the formation of his principal investment platform, HighKey Holdings LLC, Mr. Wriedt served as CEO of Vibrant Capital Partners and Co-CEO of CIFC Asset Management. He is one of three Operating Partners at Bonaccord Capital Partners, the leading Middle Market GP-stakes platform.

“Origination is the defining advantage in middle-market investing, now more than ever.”

said Mr. Wriedt.

“SourceCo has developed unparalleled AI driven sourcing capabilities and a clear vision to become the central nexus for off-market deals. Their technology, data engine, and team unlock a level of transparency and access that the market has needed for years.”

Mr. Wriedt, an active early-stage technology investor, noted the strength of SourceCo’s value proposition for independent business owners preparing for an exit.

“SourceCo has a remarkably powerful offering in today’s environment. At no cost or obligation to sellers, the platform can match an owner with the right institutonal investor in as little as 72 hours. In a market historically dominated by opaque broker and banker processes, this is a meaningful shift in how independent business owners optimize their monetization options.”

SourceCo is a platform that combines proprietary data technology with a curated buyer network, including middle market private equity firms, independent sponsors, family offices, and strategic acquirers. Spun out of SMC Infrastructure Partners in 2023, the platform focuses on businesses with $500k to $20M of EBITDA. It has facilitated over $175 million in closed transactions with institutional investors nationwide in the past 18 months. 

“Mr. Wriedt’s leadership experience and strategic perspective bring tremendous value to our team,”

said Tomos Mughan, Co-Founder & CEO of SourceCo.

“His understanding and relationships across the middle-market industry, combined with the technology, team, and track record we’ve built, will accelerate our path to becoming the go-to platform for independent business owners looking to either exit their business or find a partner for growth.”

About SourceCo

SourceCo is a technology-enabled platform that connects business owners looking to exit or find a capital growth partner with investors aligned to their goals.

Powered by proprietary sourcing systems, advanced data infrastructure, and a nationwide network of private equity firms, family offices, independent sponsors, and strategic acquirers, SourceCo provides fast, transparent pathways for owners exploring a potential transaction.