Mangrove Equity Partners is pleased to announce the closing of our third acquisition in 2015. The Mangrove team recently completed the acquisition of Reliable Construction Heaters, Inc. as a meaningful add-on acquisition in support of our portfolio company; Tioga Air Heaters.
Posts Categorized: Portfolio News
Mangrove recently partnered with the Founder and management team of ReadyLIFT to effect a majority recapitalization of this leading designer and manufacturer of high-quality leveling and suspension kits for off-road enthusiasts in the automotive aftermarket. ReadyLIFT manufactures products for trucks and SUVs across numerous OEM brands including Ford, GMC, Dodge, Chevy, Toyota and Jeep.
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 Equity Partners is pleased to announce the sale of North American Aircraft Services, Inc. (“NAAS”). With the exit of NAAS, Mangrove has enjoyed yet another successful partnership in which the Mangrove team was materially helpful in building significant value for all shareholders.
Mangrove Equity Partners is pleased to announce the recapitalization of another passion-oriented branded consumer product company. Honoring the founder’s wishes, we will be light on details for now, other than to share that it is a leader in producing top-quality products that serve an activity about which its customers are impassioned.