Posts By: Mangrove Equity Partners

Mangrove Equity Partners is pleased to announce the sale of North American Aircraft Services, Inc. (“NAAS”). With the exit of NAAS, Mangrove has enjoyed yet another successful partnership in which the Mangrove team was materially helpful in building significant value for all shareholders.

Mangrove Equity Partners is pleased to announce the recapitalization of another passion-oriented branded consumer product company. Honoring the founder’s wishes, we will be light on details for now, other than to share that it is a leader in producing top-quality products that serve an activity about which its customers are impassioned.

Mangrove Equity Partners is pleased to announce the sale of Excalibur Crossbow. Inc. The exit of Excalibur marks the end of 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 Excalibur where Mangrove supported management as we:

Mangrove Equity Partners is pleased to announce the first and final closing of our latest fund, MEP II.  Our formal fund raising process for this $125MM equity fund was quick, requiring only a few months to complete. Virtually all of our existing limited partners invested in MEP II. Due to our good fortune in MEP I, we enjoyed the reward of there being significantly more interest in the fund than there was room.

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.