A Locke Lord team led by Sean Fifield (Los Angeles) represented Accelerated Concepts, Inc. in its sale to Digi International for upfront cash of approximately $17 million with a potential for future earn-out consideration based on top line performance. Accelerated is a provider of secure, enterprise-grade, cellular (LTE) networking equipment for primary and backup connectivity applications. Additional team members included Matt Furton (Chicago), Chris Flanagan (Boston) and Jaremi Chilton (San Francisco).
Posted January 24, 2018