M&A Deal Summary

Carousel Capital Acquires Palmetto Infusion

On April 16, 2019, private equity firm Carousel Capital acquired healthcare services company Palmetto Infusion from InfuScience

Acquisition Highlights
  • This is Carousel Capital’s 3rd transaction in the Healthcare Services sector.
  • This is Carousel Capital’s 28th transaction in the United States.
  • This is Carousel Capital’s 5th transaction in South Carolina.

M&A Deal Summary
Date 2019-04-16
Target Palmetto Infusion
Sector Healthcare Services
Buyer(s) Carousel Capital
Sellers(s) InfuScience
Deal Type Divestiture

Target

Palmetto Infusion

West Columbia, South Carolina, United States
Palmetto Infusion is a provider of high-touch specialty infusion services to patients with complex, acute, and chronic conditions. Infusion was founded in 1999 and is based in West Columbia, South Carolina.

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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 28 of 37
Sector (Healthcare Services) 3 of 3
Type (Divestiture) 1 of 1
State (South Carolina) 5 of 5
Country (United States) 28 of 37
Year (2019) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-06 Process Barron

Pelham, Alabama, United States

Process Barron designs, manufactures, and installs industrial process fans and material handling systems and provides follow-on service and maintenance for this equipment. Process Barron serves various industries including pulp and paper, power, steel, cement, food, and agriculture. Process Barron was founded in 1981 and is based in Pelham, Alabama.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-18 Armstrong Transport Group

Charlotte, North Carolina, United States

Armstrong Transport Group is a non-asset based, third-party logistics platform focused on providing customer service and logistics solutions. Armstrong Transport Group was founded in 2016 and is based in Charlotte, North Carolina.

Buy -

Seller(S) 1

SELLER

InfuScience

Gurnee, Illinois, United States
Category Company
Founded 2006
Sector Healthcare Services
DESCRIPTION

InfuScience, Inc. is a provider of alternate site infusion pharmacy services.

DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
State (South Carolina) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-03 Palmetto Infusion

West Columbia, South Carolina, United States

Palmetto Infusion is a provider of high-touch specialty infusion services to patients with complex, acute, and chronic conditions. Infusion was founded in 1999 and is based in West Columbia, South Carolina.

Buy -
Mergr

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