Carousel Capital

Carousel Capital announced today that Peter L. Clark, Jr. and Alan C. Welch, Jr. were named Partners at the firm, effective immediately. Both are being promoted from their current roles as Principals with the firm.

Carousel Capital announced that it has successfully exited its investment in Caldwell & Gregory (“C&G” or “the Company”), a leading provider of turnkey laundry facility management services for customers in the university and multifamily housing markets.

Carousel Capital announced today the successful exit from its investment in AGDATA, a leading provider of outsourced database management, marketing program administration, data collection and data analysis services.

Carousel Capital partnered with management to recapitalize Armstrong Transport Group, LLC, a non-asset-based logistics platform providing freight brokerage solutions to a large, diverse customer base through a nationwide network of independent agents and employees.

Charles Grigg joined Carousel Capital in 1997. Previously, Mr. Grigg worked in private equity with Orion Partners.

Daniel Eassa joined Carousel Capital in 2019. Previously, Mr. Eassa worked as Director of Private Equity funds for EJF Capital.

Adam Elmore joined Carousel Capital in 2017. Previously, Mr. Elmore was a Director at BlackArch Partners.

Carousel Capital professionals are engaged in every investment.

The company describes itself as a relationship-driven investment firm in North Carolina that personalizes services to fit clients' growth visions.

Founded in 1996 by two experienced and successful executives, Carousel Capital has become a leading private equity firm.

Carousel Capital is an investment firm in Charlotte, NC with a people-first approach that produces results across the Southeast.