Private equity firm Industrial Opportunity Partners has invested in Carlson Systems Holdings Inc. and its subsidiaries Carlson Systems LLC and Mid-Atlantic Fasteners LLC. The transaction is a recapitalization of the family-owned company.
Carlson Systems is a multi-regional distributor of fasteners and packaging focused on construction, industrial and OEM customers. It sells products such as hand-held nailers, staplers, tapers, marking and labeling products, stretch/shrink wrappers, and strappers. Carlson has 53 sales sites in 22 states, mostly in the Midwest, Central, Southwest and Mid-Atlantic regions, and parts of Mexico.
The private equity firm is partnering in its investment with current shareholders of the Carlson family and other members of the senior management team.
Todd Carlson will remain in his roles of President, CEO and Executive Vice President of Sales of Carlson Systems. In addition, James Todd, an IOP Operating Principal, will assume the position of Chairman, with Don and Todd Carlson continuing to serve on Carlson Systems’ Board of Directors.
More information on Carlson Holdings can be found at: www.csystems.com and www.midatlanticfasteners.com.
More information on the private equity firm can be found at www.iopfund.com.
