Carousel Capital Recapitalizes McCorquodale Transfer, LLC

Main Street Capital Acquires Minority Stake in Shift Transit via $40M Recapitalization

April 28, 2026

Transportation

Main Street Capital Corporation completed a $40.0 million minority recapitalization of Shift Transit, LLC and Shift Transit Inc. The financing combines first lien, senior secured term debt and a direct minority equity investment alongside Shift Transit's founders and existing owners.

Moving Tech Innovations Acquires Automicle Holding BV to Launch Open, Zero-Commission Mobility Platforms in Europe

March 26, 2026

Transportation

Moving Tech Innovations (MTI), an operator of open mobility infrastructure, has acquired Netherlands-based Automicle Holding BV to enter and expand in Europe. The combined effort is intended to accelerate deployment of locally governed, interoperable, zero-commission mobility platforms for European cities using open protocols such as Beckn and TOMP API.

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.

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.