Bowles and Schwab formed Carousel Capital seeking to be a leading provider of private equity capital to middle market business owners throughout the region.

To accomplish this task, they assembled a group of current and former Chief Executive Officers of established companies throughout the Southeast not only to provide the bulk of the firm’s initial investment capital, but also to help provide them with access to the business communities in the region. They named their new firm Carousel Capital in honor of an antique carousel horse presented to Mr. Schwab by his former employees at Kings Entertainment Company representing their collective commitment to excellence during the course of the buyout. Bowles and Schwab embraced this same commitment in their pursuit of each opportunity with their new firm. Today, Carousel Capital continues their legacy of commitment to this strategy.


years of experience + commitment