Reynolda Equity Partners portfolio company Carlton Industrial Solutions has acquired American Scale & Equipment and Carolina Scales, for undisclosed terms. The acquisitions were completed in June and September 2026, respectively. The deals were done in partnership with the businesses’ long-time owners, Larry Budd of American Scale and Nate Keisler of Carolina Scales.
American Scale was founded in 1975 in Baltimore, Maryland, and operates from two locations in Baltimore and Southeast Pennsylvania. Carolina Scales, founded in 1950, supplies and services industrial weighing and process control equipment. It is headquartered in Columbia, South Carolina.
The two acquisitions take Carlton’s presence to 20 locations across the Southeast and Mid-Atlantic. Reynolda, based in Winston-Salem, North Carolina, has more than $817 million of committed capital across five funds.
Source: PE Hub · Summarized by HeadlinesBriefing