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New Deal


Announced

Completed

New State Capital-backed NWN completed the acquisition of Carousel Industries.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Domestic

Acquisition

Private

Single Bidder

technology solutions

IT Services: Other

Private Equity

Friendly

Majority

Completed

Synopsis

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New State Capital-backed NWN, a company offering information technology services, completed the acquisition of Carousel Industries, a technology solutions consultant. Financial terms were not disclosed. “Our intent is to build a national powerhouse brand that will transform expectations for today’s work-from-anywhere environment. Business communications are essential to productivity and collaboration. There is a tremendous need for service providers to help deliver better employee and customer experiences across commercial and public sector markets. The combined entity will give us unparalleled reach and resources to meet customer demand," Jim Sullivan, NWN CEO.

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