Moving and storage firm Zippy Shell grabs $180m from Carlyle

This investment was made alongside a debt facility led by JP Morgan.

  • The capital infusion will be used by Zippy Shell to refinance its existing debt and fund strategic growth initiatives
  • As part of the transaction, Settle will join Zippy Shell’s board of directors
  • Carlyle has $425 billion of assets under management as March 31, 2024

Carlyle has invested $180 million in Zippy Shell, a Wake Forest, North Carolina-based moving and storage company.

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