🠈 Carousel Capital 🠊
Carousel Capital
Carousel Capital is a private equity firm based in Charlotte, NC. The company focuses primarily on companies faced in the American southeast.
The web site listed 21 major investments (listed to the right) and claimed to manage $1.2 billion when I visited the site in June 2019.
- 1996: Company founded.
- 1998: Simpson acquired Simpson Motorsports which creates safety gear for performance motor sports.
- 2012: Simpson and Carousel acquired Hans Performance Products.
- 2015: Bruckmann, Rosser, Sherrill & Co. acquired Simpson from Carousel.
- 2005: Carousel Capital purchased the majority stake in Express Oil which had 149 locations at the time.
- 2010: Thompson Street Capital Partners of St. Louis, Mo acquired Carousel's stake.
- 2013: Carousel Capital reacquired the company from Thompson Street.
- 2017: Golden Gate Capital acquired Express..
- 2008: Carousel acquired Driven Brands which owns Meineke Muffler and MAACO.
- 2011: Carousel sold a majority stake of Driven Brands to TruckPro which was a division of Harvest Capital.
- 2015: Carousel sold its final stake in Driven Brands to Roark Capital.
- 2014: Carousel acquired Joe Hudson Collision Centers which owns auto body shops
- 2019: TSG Consumer Products acquired Joe Hudson.
- 2018: Carousel recapitalized Huseby, Inc. which is aggressively acquiring court reporting firms.
- 2019: Carousel recapitalized Palmetto Infusion Services, L.L.C.. This company was founded in 1999 to create medical products.
- 2019: Carousel acquired Armstrong Transport Group, LLC which offers a freight brokerage solution out of Charlotte, NC.