SouthernCarlson's annual revenues were approximately $965 million in FY2025
SouthernCarlson distributes construction and industrial supplies to contractors, manufacturers, and retailers across North America. The company’s primary inventory includes fasteners, tools, and packaging materials.
December 2, 2025|John McNulty
Truelink Capital has agreed to acquire SouthernCarlson from publicly traded Kyocera Corporation. The transaction is a corporate carve-out, separating the Omaha, Nebraska-based distributor from its Japanese parent company, which originally acquired the business in 2019.
SouthernCarlson distributes construction and industrial supplies to contractors, manufacturers, and retailers across North America. The company’s primary inventory includes fasteners, tools, and packaging materials. For instance, SouthernCarlson provides pneumatic nail guns and bulk staples used by construction crews to frame residential housing, as well as strapping and film used by logistics companies to secure pallets for transport.
Source: SouthernCarlsonSouthernCarlson also supplies fastening systems that are used by furniture and cabinet manufacturers. The company was formed in 1947 as Southern Fastening Systems and expanded its operations through the 2014 merger with Carlson Systems. Today, the company operates a network of approximately 120 branches and employs 1,500 people. According to Kyocera, the SouthernCarlson division generated approximately $965 million in revenue for the twelve months ending March 31, 2025.
Source: SouthernCarlson
“This transaction marks an exciting new chapter for SouthernCarlson,” said Andrei Militaru, the chief executive officer of SouthernCarlson. “We are now excited to partner with Truelink and accelerate the achievement of our strategic vision as we transition into an independent company.”
“SouthernCarlson is a highly respected brand with significant scale and a strong history of performance, reliability, and customer trust,” said Todd Golditch, a managing partner at 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.”
According to Market Research Future, the global construction fasteners market was valued at $30.3 billion in 2024 and is projected to expand at a CAGR of 3.6% through 2035. Demand in this sector is heavily influenced by new home construction and infrastructure spending, which drive the consumption of structural bolts, screws, and nails.
Kyocera (TSE:6971) is a manufacturer of industrial components, electronic devices, document imaging systems, telecommunications equipment, and consumer products. Its product lines include fine ceramics used in semiconductor processing, cutting tools for industrial machining, multifunction printers under the TASKalfa brand, and communications hardware for mobile networks. Customers of the company include manufacturers in aerospace and medical sectors, office-equipment buyers, telecom providers, and end consumers. Founded in 1959 by Kazuo Inamori and headquartered in Kyoto, Japan, the company is led by CEO Hideo Tanimoto and employs more than 77,000 people worldwide.
Truelink is headquartered in Los Angeles and invests in tech-enabled services and industrial companies with EBITDA ranging from $20 million to $75 million. The firm’s targeted service sectors include business-to-business, education technology, financial technology, information technology, and software. Within industrials, Truelink focuses on building products, chemicals, transportation and logistics, and packaging. Truelink’s first fund, Truelink Capital I LP, closed with $875 million in capital in July 2024.
The acquisition of SouthernCarlson is the tenth platform investment for Truelink Capital since its founding in 2022.
“SouthernCarlson is a highly respected brand with significant scale and a strong history of performance, reliability, and customer trust,” said Todd Golditch, a managing partner at 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.”
