Mangrove Equity Partners Sells Shields Business Solutions to Egis Capital Partners
March 7, 2023
Mangrove Equity Partners has sold Shields Business Solutions, a Moorestown, New Jersey-based provider of ATM/ITM sales, service and cash-in-transit solutions. The transaction follows Mangrove’s multi-year partnership with Shields to strengthen management, implement ERP systems and expand sales; public disclosures identify a partnership with Egis Capital Partners around the same period.
- Buyers
- Egis Capital Partners
- Targets
- Shields Business Solutions
- Sellers
- Mangrove Equity Partners
- Industry
- Financial Services
- Location
- New Jersey, United States
- Transaction Type
- Divestiture
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