Announced
Completed
Financials
Tags
it services
Digital Services
Friendly
Domestic
Majority
United States
Single Bidder
Acquisition
Private
Private Equity
Completed
Synopsis
American Securities, an American private equity firm based in New York, completed the acquisition of NWN Carousel, an award-winning integrated Cloud Communications Service Provider, from New State Capital Partners, a private equity firm. Financial terms were not disclosed. "I am grateful for the support of New State as we’ve grown into a platform company that uniquely addresses our clients most critical technology needs. We are excited about continuing our mission to empower North America’s largest organizations with intelligent, flexible workplace experiences, and we look forward to partnering with American Securities to accelerate our next phase of growth. The best is yet to come for our organization, our customers and strategic partners," Jim Sullivan, NWN Carousel President and CEO.
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