Roebuck, SC – Griffin Gear, Inc., a portfolio company of Gen Cap America, has been acquired by an entity formed by Mangrove Equity Partners in partnership with Griffin’s senior management team. Hennepin Partners served as Griffin’s exclusive financial advisor and Bass, Berry & Sims PLC served as legal counsel. Terms of the transaction were not disclosed.
Griffin manufactures exact replacement gears ranging in diameter from one-half inch to twenty feet for industrial customers nationwide. The Company also provides industrial gearbox repair and rebuild services for manufacturers located within 300 miles of Griffin’s production facility in Roebuck, SC. Since the Company’s founding in 1967, Griffin has established enduring relationships with customers in various industry sectors including automotive, mining, pulp and paper, aggregates, and rubber.