Posts Categorized: Portfolio News

STCR Completes Partnership with SIR Solutions

Mangrove is excited to announce that its portfolio company STCR has partnered with SIR Solutions, a Montreal, Canada-based provider of retail point-of-sale (POS) and back-office technology solutions for grocers. SIR Solutions is a highly complementary add-on acquisition to STCR, more than doubling the size of its organization, expanding its geographic presence and adding significant technical capabilities.

Mangrove Equity Recognized as a 2022 Top Founder-Friendly Investor by Inc.

Mangrove Equity Partners, L.P. has been named to Inc.’s 2022 Founder-Friendly Investors list as one of the nation’s top founder-friendly investors. This is a published list of PE and VC firms in America that have a history of rolling up their sleeves and working collaboratively and effectively with founders to support their vision and build enduring value.

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.