M&A Deal Summary

Carousel Industries Acquires SOURCE

On June 27, 2016, Carousel Industries acquired communications company SOURCE

Acquisition Highlights
  • This is Carousel Industries’ 1st transaction in the Communications sector.
  • This is Carousel Industries’ 6th transaction in the United States.
  • This is Carousel Industries’ 1st transaction in Texas.

M&A Deal Summary

Date 2016-06-27
Target SOURCE
Sector Communications
Buyer(s) Carousel Industries
Deal Type Add-on Acquisition

Target

SOURCE

Dallas, Texas, United States
SOURCE, Inc. is a provider of unified communications, asset management, and inventory logistics solutions and services.

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Buyer(S) 1

Buyer

Carousel Industries

Exeter, Rhode Island, United States

Category Company
Founded 1992
Sector Information Technology
DESCRIPTION

Carousel Industries is a technology integrator and managed services and cloud solution provider—including the Inc. 500/5000, Healthcare Informatics 100, and CRN MSP Elite 150. Carousel Industries was founded in 1992 and is based in Exeter, Rhode Island.


DEAL STATS #
Overall 6 of 6
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 6 of 6
State: Texas M&A 1 of 1
Country: United States M&A 6 of 6
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-08 Atrion

Warwick, Rhode Island, United States

Atrion, Inc. is an IT services firm specializing in security, productivity and collaboration, unified communications, networking, applications and integrations, and data center solutions.

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