Carousel Capital Management

General contacts

Investor type

PE / VC

Founded

1996

AUM

$2 000 M

Location

Charlotte, North Carolina, United States

Investment Ticket

$10-50 m

Investment Stage

Series B Late Stage (Series C+)

Region of investment

North America

Investor profile last updated: 16 August, 2026

Profile

Carousel Capital is a private equity firm based in Charlotte, North Carolina, founded in 1996. The firm focuses on investing in companies located in the Southeastern United States. Carousel Capital's team is composed of experienced professionals who emphasize a relationship-driven approach to investing. The firm has managed over $2 billion in private equity commitments across six funds and co-investments.

Carousel Capital primarily invests in business services, consumer products and services, and healthcare services. The firm targets companies with strong growth potential and typically invests in the late-stage phase. Carousel Capital's investment strategy is centered around building partnerships with management teams to drive growth and value creation. The firm does not specify a typical check size but has a history of significant investments in its target sectors.

Notable investments by Carousel Capital include companies such as Tampa-based business services firm, Greensboro-based business services company, Montgomery-based consumer services provider, Charlotte-based business services entity, and Lake Mary-based healthcare services company.

Industry

Software SaaS Healthcare Services Consumer Services (B2C) Business Services (B2B) Financial Services IT Services Consumer Products Logistics

Carousel Capital Management Funds

Name	Type	Industry	Stage	Region	Size	AUM	Launch date
Carousel Capital Fund VI	Private Equity (PE)	Business Services (B2B) Consumer Services (B2C) Financial Services Healthcare Services IT Services	Series B Late Stage (Series C+)	North America	$5-10 m	$700 M	November 2020
Carousel Capital Partners IV, L.P.	Private Equity (PE)	Business Services (B2B) Consumer Products Consumer Services (B2C) Healthcare Services Logistics	Series B Late Stage (Series C+)	North America	$5-10 m	$265 M	January 2013
Carousel Capital Partners V, L.P.	Private Equity (PE)	Business Services (B2B) Consumer Products Consumer Services (B2C) Healthcare Services SaaS Software Logistics	Series B Late Stage (Series C+)	North America	$5-10 m	$400 M	January 2017

Contacts

Name

Title

Social Networks

Charles Grigg Managing Partner

Managing Partner

c•••@•••

Jack C. Shannon Vice President

Vice President

j•••@•••

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Investment-team contacts for Carousel Capital Management — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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Contacts sourced from the firm's website and LinkedIn, re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

FAQs about Carousel Capital Management

Is Carousel Capital Management a venture capital or private equity firm?

Carousel Capital Management is a venture capital and private equity firm. It backs companies at Series B and Late Stage (Series C+), writing tickets of $10-50 m.

Where is Carousel Capital Management located?

Carousel Capital Management is located in Charlotte, North Carolina, United States.

When was Carousel Capital Management founded?

Carousel Capital Management was founded in 1996.

What sectors and industries does Carousel Capital Management invest in?

Carousel Capital Management invests in companies and startups in Software, SaaS, Healthcare Services, Consumer Services (B2C), Business Services (B2B), Financial Services, IT Services, Consumer Products, Logistics.

What is Carousel Capital Management geographical focus of investments?

Carousel Capital Management invests in companies and startups in North America.

At what stages of companies and startups does Carousel Capital Management typically invest in?

Carousel Capital Management invests in companies and startups at Series B, Late Stage (Series C+).

What is the usual amount of Carousel Capital Management investment?

Carousel Capital Management usually invests $10-50 m on average.

What is the amount of assets of under management (AUM) for Carousel Capital Management?

Carousel Capital Management has around $2 000m assets under management.

When was Carousel Capital Management last fund created?

Carousel Capital Management last fund was created/launched in 2020-11-11

What are the contacts of Carousel Capital Management?

Carousel Capital Management can be reached through its website carouselcapital.com and its LinkedIn page. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Carousel Capital Management — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

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Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query Carousel Capital Management directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.

When was the Carousel Capital Management profile last updated?

Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 16 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.