Troutman Pepper represented Mangrove Equity Partners, a lower-middle market investment firm, in its investment in NORMco Pump & Power, LLC, a Shawnee, OK-based manufacturer and specialty renter of portable, industrial pumps used for water transfer applications. Read a company press release about the investment.
Founded in 2013, NORMco serves a core customer base made up of the leading water transfer solutions providers within the Permian Basin. The business achieved significant growth over the last several years and was looking for a partner to support the next phase of growth as NORMco begins to broaden its horizons and serve additional industries.
Troutman Pepper partners Andrea Farley, Brendan Thomas, and associate Sam Baker advised Mangrove Equity Partners.