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.