Partnership with Management

Carousel Capital believes in investing alongside strong management teams and working in
partnership with them to build long term value.

Company

 PegasusLogo

Situation

In October 2013, Carousel Capital exclusively negotiated a majority recapitalization of Pegasus TransTech with its family office owner, which retained a minority stake in the transaction. Carousel’s investment created an opportunity for senior management to invest and own a significant stake in the success of Pegasus.

Testimonial

“Being introduced to Carousel Capital proved to be a great catalyst for our company by not only creating more ownership opportunity for our management team, but also by their support of a more aggressive growth strategy for us to pursue.”

Frank Adelman,
Chief Executive Officer of Pegasus TransTech

Current Portfolio Company

Case Study

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Company

joehudson

Situation

In October 2014, Carousel Capital partnered with management to recapitalize Joe Hudson’s Collision Center to rationalize the Company’s shareholder base and arrange capital for management’s growth plan. Due to its extensive track record creating value in creative value in multi-unit service businesses, Carousel was an attractive partner for management.

Testimonial

“Carousel’s deep experience in our sector meant that they not only had an immediate grasp of our business and its growth opportunities, but it also made them an invaluable partner in helping us hone the steps we need to take to maximize the value of our business in the future.”

Traweek Dickson
Chief Executive Officer of Joe Hudson’s Collision Center
Current Portfolio Company

Case Study

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Company

BUSA

Situation

In February 2008, Carousel Capital partnered with Don Waters (CEO) and members of the Brasseler management team to buy out the family who owned a majority interest in Brasseler.

Testimonial

Carousel was the right choice to help our management team cash out our founder’s ownership interest and significantly increase our ownership in the future growth of the business.  With Carousel’s help, we were able to grow our company significantly through critical strategic investments and alliances within our sector.

Don Waters
Chief Executive Officer of Brasseler USA
Current Portfolio Company

Case Study

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Company

BigAxiumLogoless200k

Situation

In December 2006, Carousel Capital partnered with management to buy out the founder and 90+% shareholder, enabling the remaining team to increase ownership through rollover equity and a stock option plan.

Testimonial

“Beyond delivering all of the capital we needed to acquire our company initially, Carousel Capital provided invaluable strategic assistance and continued support throughout the successful realization of our growth plan.”

Mark Montgomery,
President and Chief Executive Officer of Axium Healthcare Pharmacy

Former Portfolio Company

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Company

express1

Situation

In April 2005, Carousel Capital partnered with Ricky Brooks (CEO) and Joe Watson (President) enabling management to achieve partial liquidity, rationalize a disparate investor base and arrange institutional capital to support growth. Carousel had developed a relationship with management since 2002.

Testimonial

Carousel was an outstanding partner and a terrific fit with the operating philosophy and core values of the entire Express system.

Ricky Brooks,
Chief Executive Officer of Express Oil Change & Service Center

Former Portfolio Company

Case Study

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Company

partner-logo_agdata
medata

Situation

In February 2006, Carousel Capital directly structured a transaction to buy out a retiring co-founder, enabling the CEO to roll over his entire ownership stake. Carousel partnered with the CEO and AGDATA management to facilitate the company’s acquisition strategy and better leverage the company’s infrastructure and customer base.

Testimonial

“From the beginning of their investment, Carousel was extremely supportive of our management team’s vision for the business.  We forged a true partnership without which our very significant growth and successful results would have not been achieved.”

Verl Purdy
Former Chairman and CEO
AGDATA
Former portfolio company

Case Study

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