Mangrove Announces Sale of Shields Business Solutions

Mangrove Equity Partners is pleased to announce the sale of Shields Business Solutions, a leading provider of bank technology solutions primarily focused on the sale, installation and maintenance of ATMs and ITMs. Headquartered in Moorestown, NJ, Shields also provides cash-in-transit services, offering its bank and credit union customers a unique single-source solution.

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Mangrove Announces Investment in STCR

STCR Business Systems, Inc. is an Endwell, NY-based provider of best-in-class retail point-of-sale (POS) solutions to grocery retailers across the United States and the Caribbean. The company provides a single-source solution for its customers’ POS needs, offering a wide array of hardware products (including self-checkout systems), enterprise software, implementation services, ongoing maintenance services and 24/7 help desk support.