Mangrove Investors IV

Mangrove Equity Partners is a Tampa, Florida-based private equity firm that specializes in investments within the lower middle market. The firm focuses on control equity transactions, including management buyouts, management buy-ins, majority recapitalizations, family succession recapitalizations, and industry consolidations. Mangrove seeks to partner with stable and profitable companies that exhibit a diverse customer base, significant growth prospects, and strong, defensible market share. They typically target businesses with revenues ranging from $10 million to $100 million and EBITDA between $3 million and $10 million.

Founded in 2006, Mangrove Equity Partners was established by a team of experienced professionals, including Matt Young, Mark Danzi, Glenn Oken, and Hunter Reichert. The firm prides itself on bringing more than just capital to its portfolio companies, emphasizing operational depth and a collaborative approach to value creation. Their team includes seasoned operators who work alongside management to support organizational development and growth.

Mangrove Equity Partners has a history of successful investments and exits across various industries. Notable recent exits include PowerParts Group, a manufacturer of aftermarket turbine components, Vintage Air, a producer of aftermarket air-conditioning systems, Patrol Protect Secure, a provider of contract security services, and Seaside Waste Services, a waste collection and disposal company. The firm has also launched new platforms such as Sphere Investigations, focused on fraud detection and corporate investigations, which expanded through the acquisition of Marshall Investigative Group. Other portfolio companies include Stuppy Greenhouse, Atlas Greenhouse, and Shields Business Solutions.

The Mangrove team has collectively completed over 160 deals across more than 60 industries, demonstrating a broad range of transactional experience and operational expertise. Their approach involves working closely with entrepreneurs, owners, and management teams, leveraging their internal operating resources to drive value and achieve strategic objectives. The firm's latest fund, Mangrove Investors IV LP, closed at its hard cap of $250 million, attracting a mix of institutional investors from the United States and Europe.