Representing client Nexus IS in Dimension Data's acquisition of the solution provider earlier this year earned a Locke Lord team of transactional lawyers "finalist" recognition from M&A Advisor, a trade publication that focuses on deals announced around the world.
The Nexus deal with Dimension was one of six transactions M&A Advisor included in the "Cross-Border Deal of the Year" for transactions between $100 million and $1 billion category and on the "Professional Services Deal of the Year” business to business transactions over $100 million list. This recognition is part of M&A Advisor's 13th Annual M&A Awards program.
Firm lawyers Chris Husa, Van Jolas, Stefan Smith and Ed Razim represented Valencia, California-based Nexus – a privately-owned provider of advanced IT solutions serving enterprises, mid-sized business and public sector clients, with industry specializations in education, retail, hospitality and healthcare – in a deal that will expand Dimension Data's presence in the U.S. market by 40 percent with the addition of 19 offices located in the West, Southwest and Southeast. Financial details of the transaction were not disclosed.
Winners of the M&A Advisor Awards – pulled from the list of finalists – will be announced during an event in New York City on November 17-18.