Mangrove Equity Partners Invests in Shields Business Solutions

Mangrove Equity Partners Sells Shields Business Solutions to Egis Capital Partners

March 7, 2023

Financial Services

Mangrove Equity Partners has sold Shields Business Solutions, a Moorestown, New Jersey-based provider of ATM/ITM sales, service and cash-in-transit solutions. The transaction follows Mangrove’s multi-year partnership with Shields to strengthen management, implement ERP systems and expand sales; public disclosures identify a partnership with Egis Capital Partners around the same period.

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 Invests in STCR Business Systems

April 13, 2022

IT Services

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.

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.

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.