M&A Deal Summary

Mangrove Equity Partners Acquires Sharp Tooling Solutions

On December 14, 2017, private equity firm Mangrove Equity Partners acquired manufacturer Sharp Tooling Solutions

Acquisition Highlights
  • This is Mangrove Equity Partners’ 5th transaction in the Manufacturing sector.
  • This is Mangrove Equity Partners’ 14th transaction in the United States.
  • This is Mangrove Equity Partners’ 1st transaction in Michigan.
Investment Fate
  • Sharp Tooling Solutions was sold to a strategic buyer in 2024.

M&A Deal Summary

Date 2017-12-14
Target Sharp Tooling Solutions
Sector Manufacturing
Buyer(s) Mangrove Equity Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Sharp Tooling Solutions

Romeo, Michigan, United States
Sharp Tooling Solutions is a manufacturer of high-precision custom tooling, serving the global automotive and aerospace markets. Sharp Tooling Solutions was founded in 1987 and is based in Romeo, Michigan.

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Buyer(S) 1

Buyer

Mangrove Equity Partners

Tampa, Florida, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2007
Size Small
Type Sector Agnostic
DESCRIPTION

Mangrove Equity Partners is a lower-middle market private equity firm focused on investing in North American businesses valued from $15 to $75 million. Mangrove generally targets companies operating in basic industries with defensible market positions and solid growth prospects. Sectors of interest include services, manufacturing, and value-added distribution. Prospective businesses typically have revenues up to $100 million and are profitable with at least $2 million of cash-flow. Target transaction types include management buyouts/buy-ins, recapitalizations, industry, consolidations, family successions, and select turnarounds. Mangrove Equity Partners is based in Tampa, Florida.


DEAL STATS #
Overall 16 of 28
Sector: Manufacturing M&A 5 of 6
Type: Buyout (LBO, MBO, MBI) M&A Deals 6 of 8
State: Michigan M&A 1 of 2
Country: United States M&A 14 of 26
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-16 APR

Opelika, Alabama, United States

APR is an automotive engineering company. APR is a producer of software and hardware systems to boost the performance of Volkswagen Auto Group (VAG) cars. APR makes performance products for Audi, Volkswagen, SEAT, Skoda, and Porsche, and enjoys a loyal enthusiastic following due to their leadership in product innovation, customer service, and outstanding product performance. APR was founded in 1997 and is based in Opelika, Alabama.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-29 ReadyLIFT Suspension

Henderson, Nevada, United States

designs, manufactures, and distributes suspension leveling products and lift kits for the truck, jeep, and sport utility vehicle markets. It also offers accessories through its AMI Styling brand, as well as value-branded suspension kits through its RuggedLift brand. Wheel Pros currently serves more than 10,000 retailers with a global network of 33 distribution centers spanning North America and Australia.

Sell -