A Locke Lord team led by Chris Graham and Mike Serra (both of Providence) represented Carousel Industries of North America, Inc., in its sale to NWN Corporation for cash and equity in the buyer. Backed by New State Capital Partners, the combined entity will be a leader in cloud communications and infrastructure services, delivering an estimated $1 billion run-rate revenue in 2021. Additional assistance was provided by Lori Basilico, Joseph Farside and Jeff Kennedy (all of Providence), Julie Dziobak (Boston), Peter Wynacht (Chicago) and Paul Nason, Susan Rainey and Robin Shaughnessy (all of Dallas).
Posted on May 18, 2021