Carousel Capital Recapitalizes Ethos Risk Services

November 20, 2020

Carousel Capital has partnered with Ethos Risk Services' management in a recapitalization of Ethos Risk Services, a tech-enabled provider of fraud and claims investigation services headquartered in St. Petersburg, Florida. The deal was funded with equity from Carousel Capital’s fifth fund and senior debt from Freeport Financial Partners to support technology investment and expansion of Ethos’ investigator workforce.

Buyers
Carousel Capital, Freeport Financial Partners LLC
Targets
Ethos Risk Services, LLC
Industry
Insurance
Location
Florida, United States
Transaction Type
Recapitalization

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