Featured News

May 21

Carousel Capital Recapitalizes Jay Industrial Repair

May 21, 2026 — Carousel Capital announced today that it has partnered with Joel McMahon, who will remain a significant continuing owner and board member, to recapitalize Jay Industrial Repair. Jay Industrial is a Birmingham, Alabama - headquartered provider of maintenance, repair, replacement, and engineering services for industrial users of electric motors and generators, controls, and turbine equipment, including precision coil and rotor fabrication.

February 11

CraneWorks / RentalWorks Appoints Bill Niketas as Chief Executive Officer

February 11, 2026 — CraneWorks / RentalWorks, a leading provider of operated crane services, crane rental services, and other related equipment rental solutions, announced the appointment of Bill Niketas as Chief Executive Officer. Niketas will lead the Company as it advances its long-term growth strategy following its 2025 partnership with Carousel Capital.

February 04

Carousel Capital Closes Continuation Vehicle for Ethos

February 04, 2026 — Carousel Capital today announced the closing of a continuation vehicle to support the next phase of growth for Ethos, a leading national provider of tech-enabled insurance claims investigation and medical management solutions. The continuation vehicle is anchored by a lead investment from Dextra Partners, with Carousel Capital Partners VI ("Fund VI") providing a significant investment alongside.