Press Release: Bain Capital and Goldman Sachs Lead Financing for Truelink Capital's Acquisition of SouthernCarlson from Kyocera Corporation

Dow Jones
Feb 11
BOSTON--(BUSINESS WIRE)--February 10, 2026-- 
 
   Bain Capital today announced that its Private Credit Group, alongside 
Private Credit at Goldman Sachs Alternatives, acted as co-Administrative 
Agents and Joint Lead Arrangers on a senior secured credit facility to 
support Truelink Capital's acquisition of SouthernCarlson from Kyocera 
Corporation, a global Japanese conglomerate. Terms of the financing were 
not disclosed. 
 
 
   Founded in 1947 and headquartered in Omaha, Nebraska, SouthernCarlson is 
a leading U.S. distributor and service provider of construction and 
industrial fasteners, tools, and consumable supplies. The company 
operates a nationwide platform with more than 100 service branches and 
distribution locations, enabling rapid, high-frequency delivery and 
service for over 50,000 customers across the United States. 
SouthernCarlson's business is anchored in consumable products, including 
fasteners, hardware, construction supplies, and packaging, supported by 
value-added services such as jobsite delivery, tool repair, and 
vendor-managed inventory programs. 
 
 
   "Bain Capital and Goldman Sachs Alternatives bring deep experience 
across distribution, industrial, and business services, along with a 
highly collaborative and solutions-oriented approach," said Todd 
Golditch, Co-Managing Partner of Truelink Capital. "Their ability to 
deliver flexible, reliable capital and to work closely with our team 
made them strong partners for this transaction, and we look forward to 
working together to support SouthernCarlson's continued growth and 
operational improvement." 
 
 
   "SouthernCarlson is a well-established distribution platform with a long 
operating history, strong customer relationships, and a differentiated 
service model that supports recurring demand across multiple end markets, 
" said June Huang, a Managing Director at Bain Capital Credit. "We are 
pleased to partner with Truelink and support SouthernCarlson as they 
look to accelerate growth both organically and through M&A, while 
continuing to deliver high-quality and reliable products to its 
customers nationwide." 
 
 
   "We are thrilled to support the Truelink team on this important 
investment. We are excited by the combination of Truelink's robust suite 
of operational and financial capabilities being brought together with 
SouthernCarlson, a leading asset in the industrial distribution space, 
with a durable business model," said Danny Mapes, a Managing Director in 
Private Credit at Goldman Sachs Alternatives. 
 
 
   About Bain Capital Credit, LP 
 
 
   Bain Capital Credit (www.baincapitalcredit.com) is a leading global 
credit specialist with approximately $61 billion in assets under 
management, investing across the credit spectrum with a team of more 
than 100 investment professionals. Bain Capital's Private Credit Group 
focuses on providing complete financing solutions to middle market 
companies across North America, Europe, and Asia Pacific. With more than 
25 years of private credit experience, the group partners closely with 
private equity sponsors and management teams to support leveraged 
buyouts, refinancings, and growth initiatives, leveraging Bain Capital's 
global platform and deep sector expertise to underwrite complex 
situations and support long-term value creation. 
 
 
   About Private Credit at Goldman Sachs Alternatives 
 
 
   Goldman Sachs $(GS)$ is one of the leading investors in alternatives 
globally, with over $600 billion in assets and more than 30 years of 
experience. The business invests in the full spectrum of alternatives 
including private equity, growth equity, private credit, real estate, 
infrastructure, sustainability, and hedge funds. Clients access these 
solutions through direct strategies, customized partnerships, and 
open-architecture programs. 
 
 
   The business is driven by a focus on partnership and shared success with 
its clients, seeking to deliver long-term investment performance drawing 
on its global network and deep expertise across industries and markets. 
 
 
   The alternative investments platform is part of Goldman Sachs Asset 
Management, which delivers investment and advisory services across 
public and private markets for the world's leading institutions, 
financial advisors and individuals. Goldman Sachs has more than $3.6 
trillion in assets under supervision globally as of December 31, 2025. 
 
 
   Established in 1996, Private Credit at Goldman Sachs Alternatives is one 
of the world's largest private credit investors with over $140 billion 
in assets across direct lending, mezzanine debt, hybrid capital and 
asset-based lending strategies. The team's deep industry and product 
knowledge, extensive relationships and global footprint position the 
firm to deliver scaled outcomes with speed and certainty, supporting 
companies from the lower middle market to large cap in size. 
 
 
 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260210095229/en/

 
 
    CONTACT:    Media Contact: 
 
 
   NAPress@baincapital.com 
 
 
 
 
 
 

(END) Dow Jones Newswires

February 10, 2026 11:01 ET (16:01 GMT)

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