Gryphon Investors

We are excited to share that Gryphon has completed the sale of Kano Laboratories, a leading branded manufacturer of premium industrial penetrants and synthetic greases, sold into diversified end markets including for maintenance, repair & operations purposes.  Read more at https://lnkd.in/eyZFbG3G

We are thrilled to share that Gryphon has completed a majority growth recapitalization of phData, an industry leader in developing and delivering modern data applications and AI solutions. This investment will support phData’s continued growth of its differentiated set of end-to-end offerings and its expert global team. As part of the transaction, the Company’s management team, including CEO Ryan Bosshart, will retain a significant equity stake in the Company. Financial terms for the transaction were not disclosed. Read more at https://lnkd.in/e8r4ZmK4

Gryphon is pleased to announce that Thermal Technology Distribution Solutions (“TTDS”), a leading platform for the distribution of industrial temperature management and related products, has acquired Applied Thermal Systems, Inc., a premier Minneapolis-based value-added distributor of thermal management products and engineering services. Read more at https://lnkd.in/ebyjWWHS

Gryphon is thrilled to welcome Harsha Kumar as CEO of NewRocket. We are excited to partner with you on this next phase of growth for the business. Read more here: https://lnkd.in/eaZgj75b

We are thrilled to announce that Gryphon has acquired RapidAir, a provider of branded downstream compressed air solutions, from Pfingsten Partners. RapidAir will serve as a platform for future investments in compressed air solutions. This represents the sixth platform deal closed by Gryphon’s Heritage Group, the firm’s small-cap fund strategy. Read more at https://lnkd.in/e_qrPyzJ

We are excited to announce that Shermco Industries, Inc., one of North America’s largest and fastest growing providers of power system engineering, electrical testing, maintenance, commissioning and repair services, has completed the acquisition of KTR Associates, a power system engineering company based in Sinking Spring, PA. Read more at https://lnkd.in/eb8Bg_2g

We are pleased to announce that Gryphon Investors has closed a single-asset continuation vehicle (“CV”) for Vessco Water (“the Company”), a market-leading distribution and services platform in the water and wastewater treatment market.  Apollo S3, CVC Secondary Partners, and Lexington Partners L.P. acted as lead investors in the transaction, with the Company’s management remaining large shareholders in the Company.   Read More at https://lnkd.in/evT-w-uj.

We are excited to share that Ncontracts, a leading provider of integrated compliance, risk, and vendor management solutions to the financial services industry, announced today that it has acquired Venminder, a unified platform for managing third-party risk. Simultaneously with this transaction, Gryphon completed the sale of Ncontracts to Hg. Read more at https://lnkd.in/eBzdb_Cm

We are excited to share that AQUA Dermatology announced yesterday a new partnership with First Coast Mohs, a Jacksonville, Florida-based dermatology and skin cancer specialist group serving North Florida and Southern Georgia. AQUA, a leading provider of comprehensive full-service dermatology services in the Southeast, is backed by leading private equity firms Gryphon Investors and GTCR. Read more at https://lnkd.in/e3Wdwkhu

We are excited to announce that Vetnique Labs (“Vetnique”), a leading pet health and wellness company, has agreed to acquire Lintbells, a globally recognized leader in pet supplements sold under the YuMOVE brand, from European mid-market private equity investor Inflexion! Read more at https://lnkd.in/ePnWxAAc