USA – Charlotte, North Carolina-based private investment firm Carousel Capital held the first and final closing of its sixth buyout fund, Carousel Capital Partners VI, LP, at $700m.
Carousel, which completed the raising of Fund VI in just over two months, received support from its existing investors and attracted several new strategic institutional investors to the fund including a select group of Chief Executive Officers of companies and business leaders across the Southeastern United States who will deepen Carousel’s relationship network throughout the Southeast. With Fund VI, Carousel will continue its focus on acquiring non-cyclical, growth oriented companies headquartered in the Southeastern United States within its three targeted sectors: business services; consumer services; and healthcare services.Led by Managing Partners Charles Grigg and Jason Schmidly, Carousel invests in companies located in the Southeastern United States. Since its inception in 1996, the firm has invested in 45 companies. Have a look at the overall strategy of the firm here.16/11/2020