Carousel Capital Recapitalizes McCorquodale Transfer, LLC

Carousel Capital Recapitalizes Armstrong Transport Group

June 18, 2019

Logistics & Distribution

Carousel Capital has partnered with Armstrong Transport Group management to recapitalize the Charlotte-based freight brokerage, providing equity from Carousel Capital Partners V and senior debt from Barings. Armstrong, a technology-enabled, non-asset based logistics platform that facilitates nearly $500 million in annual transportation spend for over 4,000 customers, will use the investment to accelerate growth and expand its technology and service offerings.

Carousel Capital Recapitalizes Reliance Partners

August 29, 2022

Insurance

Carousel Capital partnered with Reliance Partners' management and existing investor Lamp Post Group to recapitalize Reliance Partners, a Chattanooga-based commercial insurance broker focused on the transportation industry. The recapitalization will provide capital and strategic support to help Reliance scale its premium volume (nearly $500 million today) and pursue its goal of exceeding $1 billion in gross written premiums.

Harbour Point Capital Recapitalizes Midwest Medical Transport

January 26, 2022

Healthcare Services

Harbour Point Capital completed a recapitalization investment in Midwest Medical Transport (MMT), partnering with healthcare veteran Kevin Ketzel. Prior investors Panorama Point Partners, Dixon Midland Company and ORIX Private Equity Solutions sold their interests; the transaction will provide capital and strategic support to accelerate MMT's geographic expansion and growth across health systems.

Corridor Capital Leads Recapitalization of World Wide Land Transfer

April 15, 2021

Real Estate

Corridor Capital has led an investment and recapitalization of World Wide Land Transfer (WWLT), partnering with company management. Everside Capital Partners and Southfield Mezzanine Capital provided subordinated debt and equity financing in support of the transaction; WWLT's founder Marc (Marc/Mark) Shaw remains CEO and a material owner as the company pursues geographic expansion, strategic M&A and technology improvements.

Century Park Capital Partners Majority Recapitalizes MCCi

January 28, 2019

IT Services

Century Park Capital Partners completed a majority recapitalization of MCCi, LLC, partnering with the company's founders and management (including co-founder Donny Barstow, who reinvested and will remain President and CEO). MCCi, a Tallahassee-based software and IT services firm focused on enterprise content management and business process automation (including the JustFOIA SaaS product), will use the investment to accelerate growth and pursue buy-and-build opportunities; RGA Private Debt & Equity and Plexus Capital provided financing.

Carousel Capital Recapitalizes Legacy Data Access with Cadrillion Capital

July 20, 2021

Healthcare Services

Carousel Capital has partnered with Cadrillion Capital to recapitalize Legacy Data Access, LLC, a Charlotte-based provider of healthcare data lifecycle management and legacy EHR/EMR archiving solutions. The recapitalization will provide capital to support LDA's growth and platform development, with Carousel funding the transaction from its sixth investment fund.