Stout Advises Marena Group on Sale to CenterGate Capital

The Marena Group (“Marena” or “the Company”), a portfolio company of The Riverside Company (“Riverside”), has been acquired by CenterGate Capital. Stout advised Marena and Riverside throughout the transaction. The Riverside Company is a global investment firm focused on the smaller end of the middle market, and since its founding in 1988, has completed over 1,000 acquisitions.

Founded in 1994, Marena is a manufacturer and leader of medical‑grade compression garments, specializing in post‑surgical compression products for invasive and non‑invasive plastic surgery, body sculpting, mastectomy, pregnancy and maternity, lipedema, bariatric surgery, and weight loss treatment. With a strong focus on innovation and comfort, the Company offers a wide range of products to help improve patient recovery and surgical outcomes. Trusted by healthcare professionals in leading hospitals and clinics, as well as patients in the U.S. and worldwide, The Marena Group continues to be at the forefront of compression garment technology.

“This marks an exciting new chapter for Marena, and we’re thrilled to be partnering with CenterGate to accelerate our next phase of growth,” said Dale Clendon, CEO of The Marena Group. “I’m proud of what our team has built – a business grounded in clinical expertise, innovation, and a passion for improving patient outcomes. I’d also like to thank the Stout team for their exceptional strategic support and tireless commitment to helping us tell the Marena story.”

“We’re proud of the progress Marena made during our ownership period, including expanding its product offering and deepening relationships with healthcare providers,” said Joe Manning, Senior Partner at Riverside Micro-Cap Fund. “Dale and the team executed well, and we’re confident Marena is well positioned for continued growth. We appreciated the partnership with Stout and their steady guidance throughout the transaction.”

Tony Crisman, Managing Director and Head of Healthcare for Stout Investment Banking, said, “I am thrilled for the Marena leadership team as they take the next step in their growth trajectory. We enjoyed partnering with Joe Manning, Sara Passani, and the entire Riverside team.”

The Riverside Company and Marena were advised by Jones Day as legal counsel. Stout Capital, LLC and Capstone Partners acted as financial advisors to The Riverside Company in connection with the sale of Marena, its portfolio company. CenterGate Capital was advised by its legal counsel, Akerman LLP.

Stout’s Tony Crisman, Ray Reaves, Max Halsted, Jake Kussin-Bordo, and Vincent Pasquesi executed the deal.