Investment bank Harris Williams & Co. announced today the sale of Driven Brands, Inc., a portfolio company of Harvest Partners, LP to affiliates of Roark Capital Group. This transaction allowed for Carousel Capital to exit its final stake in Driven Brands, Inc., a former Carousel portfolio company. The press release can be found through the investment bank’s website on the following link:
Carousel Capital is a private investment firm that invests in companies located in the Southeastern United States. Carousel’s investor base includes institutional investors and an elite group of more than 100 current and former CEOs with significant operating experience. Since its inception, Carousel has invested in 34 companies primarily in three targeted growth sectors: business services; consumer services; and healthcare services.