Commercial Integrator June 2021 - 9
NWN Corporation Tops $1B Threshold
with Carousel Industries Acquisition
NWN CORPORATION has
acquired Carousel Industries, a
move that puts the combined
companies over the $1 billion
run-rate revenue in 2021.
The acquisition, backed by
New State Capital Partners,
" comes on the heels of a record
24 months for NWN, including
signifi cant adoption of its
solution portfolio and 20%
acceleration in revenue growth
from the year prior, " according
to the joint announcement.
With the acquisition of Carousel,
the company is " doubling
down on its solutions
for cloud communications,
engagement, networking,
devices, security, and infrastructure
built for the workfrom-anywhere
environment, "
the announcement says.
" Our intent is to build a
national powerhouse brand
that will transform expectations
for today's work-from-anywhere
environment, " said NWN CEO
Jim Sullivan. " Business communications
are essential to
productivity and collaboration.
" There is a tremendous need
for service providers to help
deliver better employee and
customer experiences across
commercial and public sector
markets. The combined entity
will give us unparalleled reach
and resources to meet customer
demand, " he said.
Why NWN Acquired
Carousel Industries
Carousel Industries serves
more than 5,000 customers
nationwide. Founded in 1992,
the company employs more
than 1,000 people across the
country. Like NWN, the company
has expertise across unifi ed
communications and collaboration,
secure infrastructure, data
centers, networking and cloud
solutions.
" This acquisition represents
an incredible opportunity for
Carousel employees, customers,
and partners alike, " said
Carousel Industries founder
and CEO Jeff Gardner, who will
join the NWN board of directors
as part of the acquisition.
" We share an innate passion
for propelling our customers'
journey to the cloud - driving
adoption with speed and scale,
providing ROI and enriching
their transformation journey. As
much as 70% of our customer
base is demanding integrated
cloud services now and this
partnership will advance our
ability to meet and exceed their
needs from day one, " he said.
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commercialintegrator.com
JUNE 2021 Commercial Integrator
9
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Commercial Integrator June 2021
Table of Contents for the Digital Edition of Commercial Integrator June 2021
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