Posts Categorized: General Announcements

Phillip Marks Joins the Mangrove Equity Team

Mangrove Equity Partners is pleased to announce the addition of Phillip Marks to our team. Phillip is a graduate of the University of Florida. His passion for lower middle market companies and niche industries was spawned through his work with myriad private companies, focusing on their human capital management. Phillip is an inveterate sports hound, which in his early career led him to work as a sportscaster and producer. At Mangrove, Phillip works closely with Glenn Oken in identifying appropriate investment opportunities, and advancing them through Mangrove’s new deal process. As a reminder, Mangrove is an uncommonly experienced and active lower middle market private equity fund. Our four man internal operating team has a stellar track record of adding meaningful value to portfolio companies and helping Mangrove to be chosen by owner/operators, given their backgrounds and the value that they bring.

Mangrove to Make Non-Control Investments

Over the past 27 years, we have heard from investment banking/intermediary friends who feel a profound need in the market for a seasoned private equity partner who is willing to invest in minority positions in smaller companies while bringing the kind of meaningful operating assistance that Mangrove’s four-man internal operating team brings to our majority investing. Accordingly, Mangrove will now invest in both majority and minority stakes in mature, profitable companies with meaningful competitive advantages and stable cashflow.