Mangrove Equity Partners and Hunter Equity Capital Invest in NORMco Pump & Power
April 16, 2024
Mangrove Equity Partners and independent sponsor Hunter Equity Capital have made an investment in NORMco Pump & Power, a Shawnee, Oklahoma-based manufacturer and specialty renter of portable industrial pumps. Founder-CEO Nathan Hanks remains CEO and retains a significant equity stake; the partnership will support NORMco's next phase of growth and pursue additional specialty pump businesses as part of a broader platform strategy.
- Buyers
- Mangrove Equity Partners, Hunter Equity Capital, LLC
- Targets
- NORMco Pump & Power, LLC
- Sellers
- Nathan Hanks, Vera Hanks
- Industry
- Industrial Services
- Location
- Oklahoma, United States
- Transaction Type
- Growth capital
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