CenterGate Capital Announces Partnership with The Marena Group

Whats Happening:

CenterGate Capital, an Austin-based private equity firm, has made an investment in The Marena Group, a leading provider of compression garments and related products. Marena specializes in post-surgical recovery solutions and offers a wide range of products for medical and consumer markets. This partnership aims to support Marena's growth trajectory and innovation in the compression garment industry.

Key Moves:

• CenterGate Capital invests in The Marena Group

• Partnership aims to support Marena's growth and innovation

• Marena's CEO Dale Clendon to continue leading the company

By The Numbers:

• CenterGate Capital manages over $750 million

• Marena offers products in the U.S. and internationally

• Marena was founded in 1994

Key Quotes:

• "We are very excited to partner with CenterGate for our next phase of growth," said Dale Clendon, CEO of Marena.

• "Dale and the Marena team have grown the Company into the preeminent and premium brand for medical-grade compression garments both in the U.S. and internationally," said Tim Liu, Managing Director at CenterGate Capital.

Bottom Line:

CenterGate Capital's investment in The Marena Group represents a strategic move in the medical device and consumer health sectors. This partnership is expected to accelerate Marena's growth, enhance its product innovation, and strengthen its market position in the compression garment industry, both domestically and internationally.

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