Heritage Capital Group is pleased to announce that its client, Atlas Greenhouse, has been purchased by Mangrove Equity Partners.
Atlas manufactures, sells, and distributes a complete line of standard and custom greenhouse structures from its facility in Alapaha, Georgia. The Company is a full product line manufacturer and supplier of greenhouse systems, components, and accessories, making it a one-stop shop for all growers’ needs.
Mangrove Equity Partners is a Tampa, Florida-based lower middle-market private equity firm. The firm invests in stable and profitable companies headquartered in the U.S. or Canada with $2-$10 million of pre-tax profits and has a diverse portfolio of service companies, manufacturers, and value-added distributors.
Heritage served as the exclusive financial advisor and intermediary to Atlas. The deal team included Don Wiggins, Doug Kravet, Mary Frosio, and Robert Cilek.
“Heritage brought their experience and, certainly, their level of professionalism to the sale process,” commented Mark Davis, owner of Atlas. “The team prepared me for the sale, coached me through meetings with potential buyers, thoroughly explained the process and expectation level from buyers, and addressed key concerns that would be important to me as a seller after the sale. I would not have wanted to go through this transaction without their partnership.”
The terms of the transaction were not disclosed. For more information about the deal, click here.
