M&A Deal Summary

Carousel Capital Acquires JHCC

On October 20, 2014, private equity firm Carousel Capital acquired automotive company JHCC

Acquisition Highlights
  • This is Carousel Capital’s 3rd transaction in the Automotive sector.
  • This is Carousel Capital’s 21st transaction in the United States.
  • This is Carousel Capital’s 4th transaction in Alabama.
Investment Fate
  • JHCC was sold to a consortium of financial buyers in 2019.

M&A Deal Summary

Date 2014-10-20
Target JHCC
Sector Automotive
Buyer(s) Carousel Capital
Deal Type Recapitalization

Target

JHCC

Pike Road, Alabama, United States
JHCC provides auto body collision repair services. JHCC offers customers free and accurate computerized estimates, along with quality, guaranteed repair work utilizing I-CAR certified technicians. JHCC delivers its services while providing real-time information through its repair tracking system, enabling customers to monitor the status of their repairs. JHCC was founded in 1989 and is based in Pike Road, Alabama.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Carousel Capital

Charlotte, North Carolina, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1996
PE ASSETS 1.3B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Carousel Capital is a private investment group that invests in companies headquartered in the Southeast US. The Firm targets leveraged buyouts and recapitalizations of businesses in consumer products/services, business services, and healthcare services. Carousel will consider both the majority and minority situations. Prospective companies are generally valued up to $250 million and have at least $3 million of EBITDA. Carousel Capital was formed in 1996 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 21 of 37
Sector: Automotive M&A 3 of 4
Type: Recapitalization M&A Deals 1 of 12
State: Alabama M&A 4 of 7
Country: United States M&A 21 of 37
Year: 2014 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-25 apexanalytix

Greensboro, North Carolina, United States

apexanalytix is a provider of supplier management, audit, recovery, and compliance software, and services. apexanalytix was founded in 1988 and is based in Greensboro, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-01 Crown Column

Attalla, Alabama, United States

Crown Column produces a broad offering of synthetic and wood columns, porch posts and lamp posts used in the construction, repair and remodeling of homes.

Sell -