Investment Summary

Mangrove Equity Partners and Kilroy Partners Invest In Seaside Waste Services

On May 21, 2021, private equity firms Mangrove Equity Partners and Kilroy Partners invested in environmental company Seaside Waste Services

Investment Highlights
  • This is Mangrove Equity Partners’ 2nd and Kilroy Partners’ 1st transaction in the Environmental sector.
  • This is Mangrove Equity Partners’ 19th and Kilroy Partners’ 5th transaction in the United States.
  • This is Mangrove Equity Partners’ 2nd and Kilroy Partners’ 1st transaction in New Jersey.

Investment Summary

Date 2021-05-21
Target Seaside Waste Services
Sector Environmental
Investor(s) Mangrove Equity Partners
Kilroy Partners
Deal Type Growth Capital

Target

Seaside Waste Services

Hammonton, New Jersey, United States
Seaside Waste Services is a provider of non-hazardous solid waste and recycling collection throughout central and southern New Jersey. Seaside services over 2,000 commercial customers and over a dozen municipalities. The company also offers dumpster rentals and roll-away services to both commercial and residential customers. Seaside Waste Services is based in Hammonton, New Jersey.

Search 202,137 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 2

Investor

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 21 of 28
Sector (Environmental) 2 of 2
Type (Growth Capital) 5 of 9
State (New Jersey) 2 of 2
Country (United States) 19 of 26
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-01 MT2

Arvada, Colorado, United States

MT2 is an environmental services company specializing in the U.S. firing range market. The company provides a variety of services to firing ranges including lead reclamation and remediation, range maintenance, cleaning, design, construction, and closure. MT2 is a pioneer and market leader in its niche, servicing both governmental and commercial clients.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-13 STCR

Endwell, New York, United States

STCR is a provider of retail point-of-sale (POS) solutions to grocery retailers across the United States and the Caribbean. The company provides a single-source solution for its customers’ POS needs, offering a wide array of hardware products (including self-checkout systems), enterprise software, implementation services, ongoing maintenance services, and 24/7 help desk support. STCR was formed in 1967 and is based in Endwell, New York.

Buy -
DESCRIPTION

Kilroy Partners is a private investment firm focused on investing in lower middle-market, family-owned businesses, corporate divestitures, and other non-performing or challenged companies. The Firm will consider opportunities throughout North America valued up to $75 million. Sectors of interest include aerospace, defense, niche manufacturing, food, and transportation. Kilroy Partners was formed in 2014 and is headquartered in Boca Raton, Florida.


DEAL STATS #
Overall 5 of 6
Sector (Environmental) 1 of 1
Type (Growth Capital) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 5 of 6
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-01 Cheeze Kurls

Walker, Michigan, United States

Cheeze Kurls is a private label snack food manufacturing company, with a focus on popcorn, cheese puffs and balls, and other salty snacks. Cheeze Kurls was founded in 1964 and based in Walker, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-01 AE Tools & Computers

Olathe, Kansas, United States

AE Tools & Computers is a distributor of OEM-level diagnostic tools to the aftermarket car and heavy-duty truck repair markets. The Company’s customers include independent repair shops, auto parts stores, locksmiths, collision centers and used car dealers. AE Tools & Computers was founded in 2005 and is based in Olathe, Kansas.

Buy -