American Securities Acquires NWN Carousel from New State Capital Partners
February 6, 2024
American Securities has acquired NWN Carousel from New State Capital Partners in an undisclosed transaction. The private equity firm will back NWN Carousel’s expansion of its Experience Management Platform (EMP) and AI-enabled hybrid workplace and cloud communications services as the company pursues accelerated growth and additional M&A; NWN Carousel has grown to over $900 million in revenue and roughly 1,100 employees.
- Buyers
- American Securities
- Targets
- NWN Carousel
- Sellers
- New State Capital Partners
- Industry
- Cloud & SaaS
- Location
- Rhode Island, United States
- Transaction Type
- Buyout
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