Mangrove Equity Partners Invests in Griffin Gear

Gen Cap America Partners with Management to Acquire Griffin Gear, Inc.

November 20, 2019

Manufacturing

Gen Cap America, a Nashville-based private equity firm, has partnered with Griffin Gear management to acquire Griffin Gear, Inc., a Roebuck, South Carolina-based manufacturer of replacement gearing and provider of gearbox rebuild and field services. Terms were not disclosed; the deal is positioned as a partnership with existing management to support continued operations and growth under CEO Randy Stewart.

Mangrove Equity Partners Acquires Atlas Greenhouse

December 7, 2022

Manufacturing

Mangrove Equity Partners, a Tampa-based lower middle-market private equity firm, has acquired Atlas Greenhouse, an Alapaha, Georgia-based manufacturer and distributor of commercial greenhouses and related accessories. Heritage Capital Group served as Atlas's exclusive financial advisor; Mangrove said it will partner with Atlas president Mark Davis to professionalize operations and support the company's next phase of growth.

Mangrove Equity Partners Invests in Vintage Air, LLC

May 2, 2022

Automotive

Mangrove Equity Partners has made a platform investment in Vintage Air, LLC, a San Antonio–based specialty manufacturer of performance aftermarket air conditioning systems for classic and late-model cars and trucks. The deal brings Mangrove's operational team together with Vintage Air's senior management to expand product R&D, optimize manufacturing efficiency and support a leadership transition for founder Jack Chisenhall.

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 Wear-Concepts, Inc.

July 24, 2023

Manufacturing

Mangrove Equity Partners announced a platform investment in Wear-Concepts, Inc., a Liberty, Missouri-based designer and manufacturer of wear, abrasion and corrosion resistant materials and related installation services for heavy industrial customers. The partnership will support Wear-Concepts' plans to expand sales and marketing, bolster field services, grow into adjacent end markets and pursue add-on acquisitions.

Mangrove Equity Partners Invests in A&R Sealcoating, Inc.

September 6, 2024

Construction

Mangrove Equity Partners has made a minority/growth investment in A&R Sealcoating, Inc., a Southeast Michigan provider of pavement repair and maintenance services. Founder Rocky Ricelli remains a significant owner and will continue to lead the business as Mangrove supports growth, organizational buildout and pursuit of add-on acquisitions.