Mangrove Equity Partners Invests in STCR Business Systems

STCR (Mangrove Portfolio Company) Acquires SIR Solutions

July 11, 2023

IT Services

Mangrove Equity Partners' portfolio company STCR has completed an add-on acquisition of SIR Solutions, a Montreal-based provider of retail point-of-sale and back-office technology for grocers. The transaction more than doubles STCR's organization, expands its geographic presence into Canada, and adds POS hardware, software, professional services and maintenance capabilities.

Mangrove Equity Partners Invests in Shields Business Solutions

May 2, 2019

Logistics & Distribution

Mangrove Equity Partners has made an investment in Shields Business Solutions, a Moorestown, New Jersey-based provider of ATM sales and maintenance and armored car cash-in-transit services. The partnership is intended to support Shields' growth initiatives by enhancing sales and marketing, expanding service offerings, and leveraging Mangrove's industry experience in bank products and services consolidation.

North Branch Capital Acquires STARC Systems

September 12, 2023

Manufacturing

North Branch Capital, a Chicago-area private equity firm, has acquired a majority ownership stake in STARC Systems, a Brunswick, Maine-based manufacturer of reusable temporary modular wall containment solutions. The investment will fund product innovation and expansion into new end markets including data centers, airports and life science labs.

NewSpring Invests in Mangrove Management Partners

October 20, 2021

Healthcare Services

NewSpring Healthcare led a Series B / growth investment in Mangrove Management Partners, joined by co-investors Wells Fargo Strategic Capital and Dr. Robert Bessler. The capital will be used to expand Mangrove's vascular practice management platform across the Northeast and to scale its technology, data analytics, and clinical capabilities.

Mangrove Equity Partners Invests in Griffin Gear

November 18, 2024

Industrial Services

Mangrove Equity Partners has made an investment in Griffin Gear, a South Carolina-based provider of industrial gearbox repair, rebuild services and aftermarket replacement gears. Griffin's senior management will remain in place as Mangrove looks to grow the business and pursue additional acquisitions in the gear manufacturing and gearbox repair sector.

Mangrove Equity Partners Backs Management Buyout of Steam Turbine Alternative Resources (STAR)

November 18, 2020

Industrial Services

Mangrove Equity Partners has invested in a management buyout of Steam Turbine Alternative Resources, Inc. ("STAR"), a Marion, Ohio-based manufacturer and field installer of custom turbine seals (packing rings). The transaction backs incumbent management and aims to expand STAR's penetration into the natural gas and combined-cycle power markets while broadening product and outbound sales capabilities.