Springboard is delighted to announce that it has advised on the cross-border merger of personalised logistics specialists Carousel and German-based LSi Logistik.
About the deal
Carousel is the UK’s leading personalised logistics supplier. An investee company of Livingbridge, the business designs and manages bespoke solutions for clients with customised specialist or high touch customer care requirements.
Established in 1986 and with operations in Kent and the Midlands, Carousel works with a number of blue chip clients. LSi provides similar services to Carousel operating in Germany, Spain, Portugal and Switzerland.
Simon Ward and Matthew Guest advised Carousel on the merger. Simon commented “We have been supporting Carousel for some time in finding the right European partner. We are delighted to have completed the merger with LSi. The strategic and cultural fit between the businesses is outstanding.”
How we made a difference
- Advised the company throughout all stages of the process;
- Supported on the preparation of the financial model and integration plan; and
- Project managed the delivery of a bespoke debt package to fund the transaction.
