Posts Categorized: Portfolio News

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:

Mangrove – 2015 A Great Year

2015: A Great Year An NFL team narrowly missed a perfect season (congrats friends in Charlotte). Presidential debates became the latest version of reality TV (to entertain and horrify). Mangrove Equity Partners closed six highly attractive acquisitions in spite of a very competitive environment.

Mangrove Closes our 5th Deal of 2015

Mangrove Equity Partners is pleased to announce our recent partnership with Dixie Diamond Manufacturing, Inc. This partnership marks the closing of our fifth acquisition in 2015. Dixie Diamond Manufacturing is an Atlanta, GA based company that, for more than 40 years, has been producing high-performance synthetic diamond-tipped cutting tools using the most advanced materials, production techniques, and equipment.

Mangrove Closes our 4th Deal of 2015

Mangrove Equity Partners is pleased to announce the closing of our fourth acquisition in 2015 and second add-on for Tioga Air Heaters. The Mangrove team recently completed the acquisition of Mobile Air, Inc.; another meaningful add-on acquisition in support of Tioga. The Mobile acquisition coupled with our earlier acquisition this year of Reliable Construction Heaters, Inc. triples EBITDA and adds significant diversification to the industries, customers and geographies served by Tioga, while reducing seasonality.