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.
Posts Categorized: Portfolio News
Mangrove is pleased to announce the sale of Gayesco, LLC
Mangrove 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:
Partnering with two industry innovators
We are pleased to announce our latest transaction in which we are partnering with two industry innovators in a continued consolidation within their target industry/geography.
A Majority Recapitalization of North American Aviation Services. Inc.
The team at Mangrove Equity Partners is pleased to announce that we have completed a Majority Recapitalization of North American Aviation Services. Inc. (NAAS), a Texas-based provider of specialized aerospace fuel system maintenance and repair services.
The Majority Recapitalizaton of Westland Technologies, Inc.,
The team at Mangrove Equity Partners is pleased to announce that we have completed the Majority Recapitalizaton of Westland Technologies, Inc., a California-based provider of Mission-Critical Molded Products for the Military (Navy)