Investment Summary

Mangrove Equity Partners Invests In Wear-Concepts

On July 24, 2023, private equity firm Mangrove Equity Partners invested in building materials company Wear-Concepts

Investment Highlights
  • This is Mangrove Equity Partners’ 2nd transaction in the Building Materials sector.
  • This is Mangrove Equity Partners’ 23rd transaction in the United States.
  • This is Mangrove Equity Partners’ 1st transaction in Missouri.

Investment Summary

Date 2023-07-24
Target Wear-Concepts
Sector Building Materials
Investor(s) Mangrove Equity Partners
Deal Type Growth Capital

Target

Wear-Concepts

Liberty, Missouri, United States
Wear-Concepts is a specialty supplier, designer, and installer of wear and abrasion-resistant products. The company serves customers from industries including cement, power, steel, grain, mining, paper and sugar. Wear-Con offers solutions to wear problems in conveying systems, mills, crushing operations, and pipelines. It provides standard wear products including wear plates, pipe & elbows, ceramics, and wear compounds, and provides several unique solutions. Wear-Concepts was formed in 1996 and is based in Liberty, Missouri.

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Investor(S) 1

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 25 of 28
Sector: Building Materials M&A 2 of 2
Type: Growth Capital M&A Deals 8 of 10
State: Missouri M&A 1 of 1
Country: United States M&A 23 of 26
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-26 Atlas Greenhouse

Alapaha, Georgia, United States

Atlas Greenhouse is a manufacturer and distributor of greenhouse structures and accessories serving customers in a diverse set of end markets. Atlas Greenhouse was founded in 1986 and is based in Alapaha, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-16 Normco Pump & Power

Shawnee, Oklahoma, United States

Normco Pump & Power is a manufacturer and specialty renter of portable, industrial pumps used for water transfer applications. Normco Pump & Power was founded in 2013 and is based in Shawnee, Oklahoma.

Buy -