Tioga Announcement

Tioga Logo

Mangrove recently purchased Minneapolis, Minnesota based Tioga, Inc. from its current entrepreneurial ownership team to affect the Mangrove team’s 127th transaction and enter our 54th industry. Tioga is a manufacturer of temporary and permanent heating solutions for industrial applications. The Company rents and sells both direct-fired and indirect-fired heaters to a wide range of markets worldwide. Due to its broad product offering, consultative technical sales approach, well-established customer relationships, and market-leader position, the Company has been able to grow significantly over the past few years and is poised for steady future growth. (more…)

Mangrove is pleased to announce the sale of Gayesco, LLC

Gayesco LogoMangrove Equity Partners is pleased to announce the sale of Gayesco, LLC. With the exit of Gayesco, Mangrove has enjoyed 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 Gayesco where Mangrove supported management in: (more…)