Posts Categorized: Portfolio News

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.

Mangrove Announces the Sale of Tioga HVAC Rentals

Mangrove Equity Partners is pleased to announce the sale of Tioga HVAC Rentals, a specialty renter and manufacturer of temporary, portable, industrial heating, cooling and dehumidification equipment.

With the sale of Tioga, Mangrove has enjoyed another successful partnership with a strong management team and an independent sponsor. Mangrove’s uncommon ability to help our partners build value was evident at Tioga where we and our partners in the investment:

Mangrove Supports Computer Aided Technologies in the Acquisition of 3DVision Technologies

Mangrove Equity Partners is pleased to announce Computer Aided Technology, LLC’s (“CATI”) recent acquisition of 3DVision Technologies, LLC, expanding the Company’s footprint into Ohio, Michigan and Kentucky. This strengthens the Company’s position as one of the nation’s largest value added resellers of SolidWorks 3D computer aided design software and Stratasys 3D printers. Highlights of the acquisition include:

Mangrove Acquires Concut in Support of Dixie Diamond

Mangrove Equity Partners is pleased to announce the acquisition of Concut, Inc. in support of Mangrove’s portfolio company, Dixie Diamond Manufacturing Concut is a Kent, WA based designer, manufacturer, and specialty provider of diamond saw blades, core bits, and equipment. The strategic value of adding Concut to Dixie Diamond Manufacturing includes: