A Locke Lord team led by Sean Fifield (Los Angeles) represented Accelerated Concepts, Inc. in its sale to Digi International for upfront cash of approximately $17 million with a potential for future earn-out consideration based on top line performance. Accelerated is a provider of secure, enterprise-grade, cellular (LTE) networking equipment for primary and backup connectivity applications. For more information, please see the Accelerated press release. Additional team members included Matt Furton, Larry Hansen, Mike Conroy, Katherine Fishbein and Rebecca Hemmings (all of Chicago), Chris Flanagan (Boston) and Jaremi Chilton (San Francisco).
Posted January 24, 2018