#USA #Los Angeles #Truelink Capital #Kyocera Corporation #SouthernCarlson

Truelink Capital Completes Acquisition of SouthernCarlson, Inc.

In a significant development in the business landscape, Truelink Capital, a private equity firm based in Los Angeles, has successfully signed a definitive agreement to acquire SouthernCarlson, Inc. This strategic move involves the acquisition of SouthernCarlson, a well-established distributor and service provider of construction and industrial fasteners, tools, packaging, and supplies. The previous owner, Kyocera Corporation, a global powerhouse from Japan, has been instrumental in SouthernCarlson's growth over the past six years.

Founded in 1947, SouthernCarlson has garnered a reputation for delivering high-quality materials essential for building and construction projects. Their primary focus on "Pro" customers allows them to provide a tailored platform equipped with an extensive inventory, rapid delivery services, and various value-added offerings. Operating on a national scale, the company boasts eight strategically positioned distribution centers and 115 local stores. With over 67,000 stock-keeping units (SKUs), SouthernCarlson has managed to serve more than 50,000 professional customers across multiple sectors, including commercial, industrial, and residential markets.

SouthernCarlson's previous acquisition by Kyocera in 2019 paved the way for further expansion into new customer segments. Reflecting on this transition, Andrei Militaru, SouthernCarlson’s President and CEO, expressed gratitude for Kyocera’s support. He articulated excitement about partnering with Truelink, indicating that this collaboration would aid in realizing the company’s strategic vision as it regains its independence. Militaru is optimistic about building on the legacy of operational excellence and reliability that SouthernCarlson is known for.

Todd Golditch, Co-Founder and Managing Partner of Truelink Capital, shared insights on the attractiveness of the SouthernCarlson brand, reflecting on its substantial market presence and dependable history. He emphasized their honor in formalizing the transaction with Kyocera. Truelink is prepared to support SouthernCarlson's upcoming growth phase, focusing on enhancing commercial operations and considering strategic mergers and acquisitions as part of their approach.

Truelink has established a clear reputation for partnering with industry-leading companies, and this acquisition marks its 10th platform investment since its formation in 2022. The firm's strategy aligns with its broader goal of collaborating with industry innovators in the analyst and business services sectors. Their operationally focused strategy aims to cultivate long-term value and favorable partnerships through proactive management and a deep understanding of market dynamics.

Headquartered in Omaha, Nebraska, SouthernCarlson stands as a pivotal player in North America's supply chain, addressing the diverse needs of professionals and businesses alike. SouthernCarlson's larger mission is to ensure their client base experiences a seamless one-stop shop for all fasteners, tools, and accessories—a commitment they intend to uphold as they transition under new ownership.

As both companies look forward to the future, there is considerable anticipation around how this acquisition will reshape the landscape of industrial distribution. Truelink’s involvement is expected to propel SouthernCarlson into a new era of growth and success, solidifying its position in the marketplace.

For more details about this acquisition, please visit the official websites of Truelink Capital and SouthernCarlson.