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.
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.
The Client on Springboard
“This was a complex merger and our first transaction in Europe. Springboard were an integral part of our team. They provided invaluable support and counsel to us in all aspects of the process as well as leading the raising of debt finance to support the deal.”
Graham Martin – Chief Executive, Carousel