Carousel Capital

Carousel Capital is a private equity firm based in Charlotte, North Carolina, founded in 1996. It concentrates on mid-market investments in the Southeastern United States, pursuing companies in the business services, consumer products and services, and healthcare services sectors. The firm seeks to partner with management teams to build companies with national and global footprints by providing strategic insight and sector expertise. It targets non-cyclical, growth-oriented opportunities and maintains an investor base that includes institutional investors and a network of current and former chief executives who assist in sourcing opportunities and offer strategic guidance.

Peter Clark Jr.

Partner

Daniel J. Eassa

CFO and CCO

Adam Elmore

Principal

Charles Grigg

Managing Partner

Brandon R. Moores

Vice President

Tyler Moses

Principal

J. Garnett Reid Jr.

Associate

Philip M. Salice

Associate

Everett F. Saslow

Senior Associate

Jason C. Schmidly

Managing Partner

Gray M. Smith

Associate

Alan Welch Jr.

Partner

Christopher H. Wells

Vice President

Past deals in North Carolina

O.R. Colan Associates

Private Equity Round in 2024
O.R. Colan Associates is a North Carolina-based real estate agency specializing in providing comprehensive real estate services and land management. The firm caters primarily to utility, infrastructure, and public sector clients throughout the United States. Its offerings encompass a range of services, including program management, property acquisition, negotiations, relocation assistance, and appraisal and appraisal review, ensuring clients receive thorough support in navigating real estate transactions and land-related projects.

APEX Analytix

Private Equity Round in 2020
APEX Analytix, LLC is a provider of audit services and technology aimed at retail and commercial clients, facilitating connections between suppliers and customers globally. Founded in 1988 and headquartered in Greensboro, North Carolina, with additional offices in Hong Kong and the United Kingdom, the company offers a range of solutions including FirstStrike, which helps prevent supplier overpayments and identify risks, and SmartVM, a tool for real-time supplier information management. Their services encompass accounts payable audits, fraud detection, procurement analytics, and various compliance reviews across multiple sectors such as finance, healthcare, manufacturing, and utilities. APEX Analytix supports organizations in managing disbursements effectively, safeguarding $2.6 trillion annually, and boasts a comprehensive global supplier database backed by extensive communication analytics. Their expertise spans across 98% of global trade, making them a trusted advisor for clients worldwide.

Armstrong Transport Group

Private Equity Round in 2019
Armstrong Transport Group, LLC is a third-party logistics provider based in Charlotte, North Carolina, established in 2006. The company specializes in freight transportation services, offering a wide range of solutions including truckload, less than truckload, refrigerated, heavy haul, rail, expedited, air, and international transportation. With a network of independent agents and employees, Armstrong Transport Group delivers logistics expertise and reliable customer service to meet the diverse and complex needs of its clients. The company’s focus on freight brokerage services allows it to effectively connect shippers with carriers, thereby facilitating efficient and effective transportation solutions worldwide.

Huseby

Private Equity Round in 2018
Huseby Incorporated is a prominent provider of court reporting, trial presentation, and litigation support services for the legal community in the United States and internationally. Founded in 1928 and headquartered in Charlotte, North Carolina, Huseby offers a comprehensive range of services, including national court reporting, legal videography, real-time solutions, online case management, and secure repositories for transcripts and exhibits. The company's trial support services encompass expert consultations, electronic presentations, pre-trial digitizing, and courtroom installations. Huseby also facilitates mobile access for attorneys, enabling them to conduct depositions and manage schedules through various devices. With additional regional offices in major cities, Huseby is equipped to meet the diverse needs of law firms and corporate legal departments effectively.

APEX Analytix

Private Equity Round in 2014
APEX Analytix, LLC is a provider of audit services and technology aimed at retail and commercial clients, facilitating connections between suppliers and customers globally. Founded in 1988 and headquartered in Greensboro, North Carolina, with additional offices in Hong Kong and the United Kingdom, the company offers a range of solutions including FirstStrike, which helps prevent supplier overpayments and identify risks, and SmartVM, a tool for real-time supplier information management. Their services encompass accounts payable audits, fraud detection, procurement analytics, and various compliance reviews across multiple sectors such as finance, healthcare, manufacturing, and utilities. APEX Analytix supports organizations in managing disbursements effectively, safeguarding $2.6 trillion annually, and boasts a comprehensive global supplier database backed by extensive communication analytics. Their expertise spans across 98% of global trade, making them a trusted advisor for clients worldwide.

AgData

Private Equity Round in 2006
AgData is a leading provider of strategic data and analytical solutions for the global agricultural crop protection and animal health industries. Based in Charlotte, North Carolina, with operations across the U.S. and Canada, AgData maintains direct connectivity to over 9,500 industry retailers and distributors, representing approximately 90% of the U.S. market. The company offers mission-critical services including outsourced database management, marketing program administration, data collection, and analysis.

Meineke Car Care Center

Private Equity Round in 2003
Meineke Car Care Centers, LLC is a prominent provider of auto repair services, operating throughout the United States and internationally. Established in 1972 and headquartered in Charlotte, North Carolina, the company offers a wide range of services, including oil changes, tire and wheel maintenance, brake repairs, battery replacements, exhaust and catalytic converter services, steering and suspension work, CV joint repairs, and air conditioning services. Meineke also provides franchise opportunities, allowing individuals to operate their own locations. With a commitment to quality workmanship and customer satisfaction, Meineke has built a reputation for reliability and professionalism, serving customers in various regions including Canada, Mexico, the Caribbean, and China, while operating as a subsidiary of Driven Brands, Inc.

Carolina BroadBand

Private Equity Round in 2000
Carolina BroadBand Inc. is a new, privately-held company offering Carolina residents and businesses a choice in providers for broadband multi-media service, including bundled local cable, Internet access and digital local and long-distance telephone services.
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