Transaction Overview
- Hennepin Partners represented Griffin Gear, Inc. (“Griffin Gear”) a portfolio company of Gen Cap America, Inc. in the sale to Mangrove Equity Partners.
- Griffin Gear 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 Gear’s production facility in Roebuck, SC.
Drivers of Interest
- Leading gearbox rebuilder in the Southeast region with differentiated technical capabilities.
- Demand driven by non-discretionary purchase decisions.
- Long-term relationships with blue-chip customers.
- High barriers to competitive entry.
- Diverse, growing end markets.
- Experienced management team supported by skilled, long-tenured workforce.
- Stable and stable earnings profile with growth opportunities.
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