Mangrove Equity Partners Invests in STCR Business Systems
April 13, 2022
Mangrove Equity Partners has made an investment in STCR Business Systems, an Endwell, New York-based provider of retail point-of-sale (POS) hardware, enterprise software, implementation and ongoing support services for grocery retailers across the U.S. and the Caribbean. The transaction supports an ownership transition and succession plan for the family-owned business and aims to invest in people and operational infrastructure to accelerate growth.
- Buyers
- Mangrove Equity Partners
- Targets
- STCR Business Systems, Inc.
- Industry
- IT Services
- Location
- New York, United States
- Transaction Type
- Recapitalization
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