Posts Categorized: Portfolio News

PPS Makes First Investment in U.S. Contract Security Industry with Acquisition of JBM Patrol and Protection Additional Acquisitions Planned Throughout the U.S.

Patrol Protect Secure, Inc. (known as “PPS”) is pleased to announce its first investment in the U.S. contract security industry with the acquisition of JBM Patrol and Protection, Corp., a leading provider of contract security services in Wisconsin, Minnesota, Iowa and Tennessee with a focus on contract guard services and vehicle patrol for a wide range of commercial clients.

Mangrove Announces the Sale of APR LLC

Mangrove Equity Partners is pleased to announce the sale of APR LLC, a leading provider of automotive aftermarket performance software and hardware products. “We’ve enjoyed another successful partnership with a strong management team at APR. We achieved a number of great things together related to growth, new product development and expansion of manufacturing capabilities. We are excited to watch them grow even stronger as they join another well-respected performance company in the industry, Driven Performance Brands.” said Glenn Oken, Managing Director at Mangrove Equity.