Trucking broker Reliance Partners seals recap with Carousel Capital
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Trucking broker Reliance Partners seals recap with Carousel Capital

Jairo Ibarra
August 29, 2022
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Commercial auto-focused broker Reliance Partners has finalized a recapitalization transaction with North Carolina-headquartered private equity firm Carousel Capital.

With the recapitalization, the Chattanooga, Tennessee-based specialty broker expects to grow from nearly $500mn in gross written premiums to $1bn+ in three years.

Carousel’s

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NewsBrokersCommercial auto
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Jairo Ibarra
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