---
title: "Gemspring-backed Amplix acquires tech sourcing an procurement firm One Connect"
url: https://burnaze.com/article/5815a264-4200-4dc5-8a36-89c96916cda1
source: "PE Hub"
original_url: https://www.pehub.com/gemspring-backed-amplix-acquires-tech-sourcing-an-procurement-firm-one-connect/
author: "Iris Dorbian"
category: "Finance"
topics: ["Finance & M&A","Technology"]
published: 2026-07-15T16:14:58.000Z
modified: 2026-11-01T22:32:12.797Z
image: https://images.unsplash.com/photo-1551288049-bebda4e38f71?w=1600&q=80&auto=format&fit=crop
---

# Gemspring-backed Amplix acquires tech sourcing an procurement firm One Connect

**TL;DR:** Gemspring-backed Amplix has acquired One Connect, a technology sourcing and procurement firm. The transaction represents Amplix's fifteenth acquisition since forming the platform in 2022.

*By Iris Dorbian, originally published in PE Hub on 2026-07-15. [Read the original](https://www.pehub.com/gemspring-backed-amplix-acquires-tech-sourcing-an-procurement-firm-one-connect/).*

## Story

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pehub.com/)PE Hub - Database - GP search - Update your database profile - Private equity dealmaking data - Quick Search - News Briefs - Financial Services - Healthcare - Technology - Energy & Power - Business Services - Consumer & Retail - Industrial & Manufacturing - Women in Private Equity - Deals of the Year - Sports/ Entertainment - News & Analysis - Deals - People - Opinion - Deep Dives - Podcasts - Research - Quarterly M&A Deals - Bookstore - Events - Global events calendar HomeNews BriefsGemspring-backed Amplix acquires tech sourcing an procurement firm One Connect Return to search Technology - The transaction represents Amplix’s fifteenth acquisition since forming the platform in 2022 - John Smack serves as CEO of OneConnect - OneConnect was founded in 2004 Amplix, a portfolio company of Gemspring Capital, has acquired One Connect, a St. Petersburg, Florida-based technology sourcing and procurement firm.

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## Entities

- private equity (topic)
- Finance (sector)
- acquisition (topic)
- PE Hub (publication)
- Iris Dorbian (person)
- Gemspring Capital (investor)
- Amplix (company)
- One Connect (company)
- John Smack (person)
- technology sourcing (topic)
- Amplix acquisition of One Connect (deal)
- Gemspring Capital investment in Amplix (deal)

---
Originally reported by Iris Dorbian, PE Hub (https://www.pehub.com/gemspring-backed-amplix-acquires-tech-sourcing-an-procurement-firm-one-connect/). Summarized by Burnaze (https://burnaze.com/article/5815a264-4200-4dc5-8a36-89c96916cda1).
