Mangrove Announces Investment in Vintage Air, LLC

Vintage Air, LLC, of San Antonio, TX, is the leading specialty manufacturer of performance aftermarket air conditioning systems for classic and late-model cars and trucks. Vintage Air represents the Mangrove team’s seventh platform investment in the enthusiast-driven auto aftermarket sector.

Mangrove is partnering with a deep and talented senior management team with decades of industry experience. Rick Love, Ryan Zwicker, and Allison Harding, alongside Mangrove’s three-man internal operating team, will continue to build on Vintage Air’s strong legacy and niche-dominant position. The transaction also allowed the company’s Founder and SEMA Hall of Famer, Jack Chisenhall, to take on a new role after 45 years of building Vintage Air into the industry-leader it is today.

Mangrove’s internal operating team will work collaboratively with the Vintage Air team to optimize operating efficiency, profitability, and growth, while preserving the company’s brand, culture, and outstanding commitment to quality and its customers’ satisfaction.

“We are all excited to have Mangrove’s support and to continue expanding our catalog of products while maintaining the high-quality standards that Vintage Air was founded on,” said President Rick Love. “The Mangrove team believes in maintaining the same standards and practices that were in place when I started working here over 30 years ago, allowing us to continue focusing on making the best products in the aftermarket.”

About Mangrove Equity Partners: The Mangrove team works hard to be your go-to private equity fund in the lower middle market. For more information, please visit www.mangroveequity.com.