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 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 Equity Partners is pleased to announce the addition of Phillip Marks to our team.
Phillip is a graduate of the University of Florida. His passion for lower middle market companies and niche industries was spawned through his work with myriad private companies, focusing on their human capital management.
Phillip is an inveterate sports hound, which in his early career led him to work as a sportscaster and producer.
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:
Over the past 27 years, we have heard from investment banking/intermediary friends who feel a profound need in the market for a seasoned private equity partner who is willing to invest in minority positions in smaller companies while bringing the kind of meaningful operating assistance that Mangrove’s four-man internal operating team brings to our majority investing.
Accordingly, Mangrove will now invest in both majority and minority stakes in mature, profitable companies with meaningful competitive advantages and stable cashflow.