Southern Carlson Purchased by Truelink Capital

Truelink Capital, a Los Angeles-based private equity firm, has signed a definitive agreement to acquire SouthernCarlson, Inc., a distributor and service provider of construction and industrial fasteners, tools, packaging, and supplies, from Kyocera Corporation ("Kyocera"), a global Japanese conglomerate. Financial terms of the transaction were not disclosed.

Since 1947, SouthernCarlson has supplied building materials with a focus on Pro customers. The company's activities span across a diversified set of channels including commercial, industrial, single-family, multi-family and dealer networks. Headquartered in Omaha, Nebraska, the company operates nationwide coverage with eight distribution centers and 115 local stores, stocking 67K+ SKUs and serving 50K+ professional customers. SouthernCarlson was acquired by Kyocera in 2019. 

"This transaction marks an exciting new chapter for SouthernCarlson," said Andrei Militaru, President and CEO of SouthernCarlson. "We are grateful for Kyocera's support and ownership over the last six years, during which time we have achieved strong growth, including expanding into new customer segments. We are now excited to partner with Truelink and accelerate the achievement of our strategic vision as we transition into an independent company. With Truelink's support, we look forward to building on our legacy of operational excellence, best-in-class customer service, and proven reliability."

"SouthernCarlson is a highly respected brand with significant scale and a strong history of performance, reliability, and customer trust," said Todd Golditch, Co-Founder and Managing Partner of Truelink Capital. "We are honored to have signed this transaction with Kyocera and are excited to invest behind this outstanding company and tenured management team. We look forward to closing this transaction and supporting SouthernCarlson's next phase of growth through a combination of driving commercial and operational initiatives and executing strategic M&A."

This transaction reflects Truelink's 10th platform acquisition since its founding in 2022.