Posts By: Mangrove Equity Partners

Mangrove is Pleased to Announce the Recapitalization of APR

Mangrove recently partnered with the management team of APR to effect a majority recapitalization of this leading producer of software and hardware systems to boost the performance of Volkswagen Auto Group (VAG) cars. APR makes performance products for Audi, Volkswagen, SEAT, Skoda and Porsche. Mangrove was attracted to APR because of its niche-dominant position, its talented team, and APR’s history of creating quality-leading performance enhancing tuning products. The Mangrove team has enjoyed considerable successes in the auto aftermarket and with other enthusiast-driven consumer product companies, and we are excited to continue that success with APR.

Excalibur Sale Announcement

Mangrove Equity Partners is pleased to announce the sale of Excalibur Crossbow. Inc. The exit of Excalibur marks the end of yet another successful partnership with a strong management team seeking the ideal partner for liquidity and growth. The ability of Mangrove’s three-man internal operating team to help management build value was evident at Excalibur where Mangrove supported management as we:

Mangrove Equity Partners is pleased to announce the $125MM closing of MEP II

Mangrove Equity Partners is pleased to announce the first and final closing of our latest fund, MEP II.  Our formal fund raising process for this $125MM equity fund was quick, requiring only a few months to complete. Virtually all of our existing limited partners invested in MEP II. Due to our good fortune in MEP I, we enjoyed the reward of there being significantly more interest in the fund than there was room. Mangrove remained disciplined in terms of sticking to our stated fund size to ensure that we can continue to invest in attractive smaller companies. We are also proud of the venerable family offices, university endowments, and fund of funds institutions who chose to invest for the first time in the Mangrove team. This expedited fund raise evidences Mangrove’s strong and consistent performance on behalf of our limited partners, portfolio company owner/operators, and portfolio company employees.