Mangrove recently partnered with the Founder and management team of ReadyLIFT to effect a majority recapitalization of this leading designer and manufacturer of high-quality leveling and suspension kits for off-road enthusiasts in the automotive aftermarket. ReadyLIFT manufactures products for trucks and SUVs across numerous OEM brands including Ford, GMC, Dodge, Chevy, Toyota and Jeep.
Mangrove was attracted to ReadyLIFT because of its dominant brand position, its talented team, and ReadyLIFT’s history of creating high-quality lift products. The Mangrove team has enjoyed considerable successes in the auto aftermarket and with other enthusiast-driven consumer product companies. We are excited to continue that success with ReadyLIFT.
Mangrove’s internal operating team will work collaboratively with the folks at ReadyLIFT to optimize operating efficiency, profitability, and growth, while preserving ReadyLIFT’s outstanding commitment to quality and the satisfaction of its customers.
Mangrove Equity Partners: More Than the Commodity of Cash. The Mangrove team works hard to be your go-to private equity fund in the lower middle market by leveraging our extensive experience (128 deals across 56 niche industries) to make decisions and get deals done. Mangrove’s three-man internal operating team affords us an ability to leverage their extensive experience working closely with our portfolio company partners to overcome hurdles to growth, and to optimize shareholder value.
The Mangrove team has exemplified an attitude and practice of partnership with our deal sources over the past 26 years. We roll up our sleeves and work with intermediaries to do what is necessary to move good deals forward, even in the face of company or deal complexity. If an opportunity is not a fit for Mangrove’s criteria, we endeavor to provide accurate and helpful suggestions as to who may have a pointed interest. Our goal is to help our deal sources get their deals done and accordingly, become their go-to fund in the lower middle market. We hope to have the pleasure of working closely with you.