Carousel Capital

Carousel Capital is a Charlotte, North Carolina-based private investment firm with a distinct focus on middle-market companies located in the Southeastern United States. Established in 1996, the firm primarily targets businesses within the business services, consumer, and healthcare sectors. Their investment strategy centers on partnering with management teams to drive growth, often through operational improvements, strategic acquisitions, and market expansion initiatives. They are known for their long-term perspective and commitment to fostering sustainable value creation within their portfolio companies.

The firm's investment criteria typically involve companies with enterprise values ranging from $50 million to $500 million. Carousel Capital is structured to provide significant equity capital, with typical first cheques falling between $25 million and $100 million per transaction. This substantial investment capacity allows them to support a wide range of growth initiatives, including recapitalizations, management buyouts, and growth equity investments. Their regional focus provides them with deep market insights and strong networks within the Southeastern U.S. business community.

Since its inception, Carousel Capital has built a substantial track record, having invested in a total of 49 companies across various industries. This extensive experience underscores their expertise in identifying and scaling businesses in their target region and sectors. Furthermore, the firm has successfully raised five funds, accumulating approximately $1.2 billion in committed capital, demonstrating strong investor confidence and a robust financial foundation for future investments. Their disciplined approach and regional specialization position them as a key player in the private equity landscape of the Southeastern United States.