Mangrove Announces Acquisition of Cascon Pumps & Chamberlain Machine

Mangrove Equity Partners is pleased to announce the acquisitions of Cascon Pumps and Chamberlain Machine.

Cascon-Chamberlain designs, engineers and manufactures custom pumps and related products for mission-critical fuel delivery, lubrication and thermal management applications.

The company serves a wide variety of blue-chip customers in aerospace & defense, power generation, industrial and medical markets, where failure isn't an option and performance and reliability are paramount. Its core competency is a deep specialization in precision gerotor, gear and vane pumps, available in a wide range of integrated AC and DC electric drive as well as mechanical drive solutions. Supported by a 50,000-square-foot manufacturing facility in Walpole, NH, and a dedicated engineering center in Yarmouth, ME, Cascon-Chamberlain pairs scaled precision manufacturing capabilities with decades of deep technical expertise to solve the most demanding pump and fluid management challenges.

Cascon-Chamberlain's senior management team will continue leading the business alongside Mangrove. "Partnering with Mangrove marks an exciting new chapter for Cascon-Chamberlain," said Ed Gervais III of Cascon. "Their support will allow us to invest further in our people, our facilities, and our engineering capabilities, all while staying true to the values that have earned us decades-long relationships across our core markets." Scott Boynton of Chamberlain added, "The Chamberlain and Cascon teams have had a very close partnership over the last three decades. We are thrilled to have reached this important milestone in more formally combining our businesses and concurrently bringing in a partner in Mangrove to support our continued growth."

Mangrove and Cascon-Chamberlain are seeking to invest in additional highly engineered precision manufacturing businesses with EBITDA from $1 million to $10 million.

About Mangrove Equity Partners: Mangrove Equity Partners strives to deliver uncommon value to those we partner and work with, including business owners, management teams and their employees and the intermediaries who help bring us together. We draw on our genuine and deep operational experience, extensive investment history, respect for people and culture and commitment to doing the right thing to help create positive outcomes for everyone involved.

Mangrove pursues investments in a broad range of industries, with a particular emphasis and past success in niche manufacturing, industrial and business-to-business services and enthusiast consumer products. We seek to invest in businesses headquartered in North America with EBITDA ranging from $3 million to $10 million and revenue ranging from $10 million to $100 million. For more information, please visit www.mangroveequity.com.