Mangrove Equity Partners Invests in Hi-Lite Airfield Services, LLC
January 30, 2020
Mangrove Equity Partners has completed a management-led carve-out investment in Hi-Lite Airfield Services, LLC, a Watertown, New York-based provider of airfield pavement maintenance and runway marking services. The transaction will allow Hi-Lite to operate independently from its former parent, focus on its core airfield maintenance business, and access Mangrove's operational and financing resources to support fleet and growth initiatives.
- Buyers
- Mangrove Equity Partners
- Targets
- Hi-Lite Airfield Services, LLC
- Industry
- Industrial Services
- Location
- New York, United States
- Transaction Type
- Buyout
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