Rooted in Ownership.
Built to Cultivate Legacy.
A 100% Employee-Owned Holding Company
Carthage Holdings is a 100% employee-owned ESOP holding company built to cultivate enduring and sustainable businesses. Like the tree that represents us, we believe strong roots - shared ownership, disciplined stewardship, and long-term thinking - are what allow organizations to grow, adapt, and last.We exist to create shared success for our employee-owners, our clients, and the communities we serve.
Our Focus
Our Investment Focus
We invest in and support businesses built for long-term success - companies with strong leadership, lasting customer relationships, and cultures rooted in accountability, expertise, and service.
Proven Business Models
Companies with established operations, trusted client relationships, and a track record of delivering consistent value.
Strong Leadership & Expertise
Experienced leadership teams with deep technical knowledge and a commitment to long-term success.
Sustainable Growth
Stable, profitable businesses with strong operational foundations and a long-term approach to growth and value creation.
Growing With Purpose
We are actively seeking to grow and diversify Carthage Holdings through acquisitions. We partner with founders who are thinking beyond an exit - owners who care about what happens to their people, their clients, and their company’s name long after a transaction closes.
Our ESOP model provides a permanent home where businesses can continue to grow, rooted in shared ownership and long-term purpose. It also creates a valuable benefit for employee-owners, offering the opportunity to build long-term financial value while sharing in the purpose, stewardship, and success of a company they collectively own.
Our Philosophy
Our Support.
We believe the best businesses are built over time. Our investment philosophy is rooted in:
Long-term Ownership
We focus on building enduring value through patient investment and long-term partnerships.
Active, Supportive Involvement
We provide strategic guidance and resources, through our shared services approach, while empowering leadership teams to succeed.
Respect for Existing Teams & Company Culture
We value the people and cultures that make each business successful and work to preserve what makes them unique.
Disciplined Capital Allocation
We invest thoughtfully and strategically to support sustainable growth and long-term stability.
Operating companies
Our companies are independently operated businesses united by a shared commitment to long-term growth, operational excellence, and employee ownership. Each company maintains its own identity, leadership, and culture while benefiting from the strategic support, shared services, and long-term stewardship of Carthage Holdings.
DISTek Integration
Red Foundry
Leadership
Our leaders guide our companies with experience, care, and a long-term perspective. They bring deep expertise across operations, finance, and strategic growth, and are rooted in shared values and employee ownership. Their focus is on strengthening teams, preserving culture, and nurturing the legacy of every business we partner with.
Get in Touch
Interested in building something that lasts? Learn more about how we partner with businesses to grow, thrive, and create lasting impact.