Kyocera Corporation Acquires SouthernCarlson from Kelso Fund IX

Truelink Capital Acquires SouthernCarlson from Kyocera Corporation

February 10, 2026

Industrial Services

Truelink Capital has acquired SouthernCarlson, a leading U.S. distributor of fasteners, tools, packaging and construction supplies, from Kyocera Corporation. The transaction is supported by a senior secured credit facility co-led by Bain Capital Credit and Goldman Sachs Alternatives to finance Truelink's purchase; SouthernCarlson will operate as an independent, nationwide platform to pursue organic growth and strategic M&A.

SouthernCarlson Acquires Manor Hardware

November 24, 2020

Building Products

SouthernCarlson, a subsidiary of Kyocera Corporation, has acquired Seattle-area Manor Hardware, a family-owned construction supply and tool repair business with locations in Everett, Tacoma and Lynnwood, Washington. The acquisition expands SouthernCarlson's multi-family supply and service capabilities and establishes a presence in the Pacific Northwest; terms were not disclosed.

Novvia Group (Kelso-backed) Acquires Southern Container

April 25, 2022

Packaging

Novvia Group, a Kelso & Company–backed packaging platform, has acquired Southern Container, LLC, a distributor of plastic, metal, fiber, and glass rigid packaging products headquartered in Dalton, Georgia. Southern Container's existing management will remain in place as the company becomes part of Novvia's national distribution platform to strengthen its Southeast presence and service capabilities.

Kelso & Company Acquires Container Supply, Adds to Packaging Distribution Platform

June 30, 2021

Packaging

Funds managed by Kelso & Company acquired Container Supply, Inc., a rigid packaging distributor headquartered in Oklahoma City. Kelso will combine Container Supply with its existing investments in C.L. Smith, Inmark, and Silver Spur to expand its packaging distribution platform and strengthen presence in the South-Central U.S.; financial terms were not disclosed.

Carsoe Acquires Ryco Equipment

December 19, 2025

Manufacturing

Carsoe has acquired Ryco Equipment, a supplier of seafood processing machinery and services, in a deal effective immediately. The acquisition expands Carsoe's product portfolio and strengthens its service and parts capabilities in the US market.

Kodiak Acquires Southern Adhesives and Coatings

July 9, 2024

Manufacturing

Kodiak, a Cincinnati-based specialty chemical supplier, has acquired Southern Adhesives and Coatings of Madeira, Ohio. The acquisition adds adhesives and coatings capabilities to Kodiak's portfolio and enables the company to expand into the paper and packaging end markets.