Gryphon-backed DLC buys Beacon Resources

DLC, a portfolio company of Gryphon Investors, has acquired Beacon Resources. No financial terms were disclosed. Based in Newport Beach, Calif., Beacon is a finance, accounting staff and executive search firm.

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Trending on peHUB this week: 500 Startups openly markets new fund, Harvard and Nebraska Investment Council post job openings, and Formation 8 grabs spotlight.

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Trending on peHUB this week: Blend, Blackstone, Carlyle, NYSTRS, HarbourVest, Sequoia, WhatsApp, Platinum Equity, Nesco, Gryphon Investors, data scientists and PE’s dry powder.

Gryphon Closes Sales of TrustHouse to Elior

Gryphon Investors has completed the sale of TrustHouse Services Group, a Charlotte, N.C.-based contract food service provider, to Elior SCA. Financial terms weren’t announced. Gryphon invested in TrustHouse in 2008. The sale to Elicor was announced in March.

Synteract and Harrison Clinical Research Close Deal

Synteract, a full-service contract research organization has completed its acquisition of Harrison Clinical Research to form a new multinational business – SynteractHCR. Synteract is a portfolio company of San Francisco-based Gryphon Investors.

Synteract Inks Buy of Harrison Clinical

Synteract, which is backed by Gryphon Investors, has agreed to buy Harrison Clinical Research. Financial terms were not announced. Munich, Germany-based Harrison is a clinical research company.

Envision EMI Names Richards CEO

John B. Richards has been named CEO of Envision EMI, the educational programs provider. Most recently, he served as CEO of Gift Corp. He replaces Will Lynn, partner & EVP of Gryphon Investors, who remains as Envision EMI’s president. Lynn had been serving as interim CEO. PRESS RELEASE: Richards Brings More than 30 Years of […]

Trusthouse Merges with Lindley Food

TrustHouse Services Group, which is backed by Gryphon Investors, has merged with Lindley Food Service. Financial terms weren’t disclosed. New Haven, Conn.-based Lindley Food specializes in the education and healthcare food service sector. Trusthouse also provides food services and manages over 420 client accounts across 34 states. PRESS RELEASE TrustHouse Services Group, a leading Healthcare, […]

Gryphon Investors Buys K&N Engineering

Middle-market private equity firm Gryphon Investors has acquired a majority stake in Riverside, Calif.-based K&N Engineering, a provider of air and oil filtration products for the automobile industry. Terms of the deal were not released.


Babson Capital Backs Trinity

Babson Capital Management, an investment management firm based in Springfield and Boston, Mass., and Charlotte, N.C. has provided $7.2 million of mezzanine debt financing to support Gryphon Investors’ acquisition of Trinity Consultants. Dallas-based Trinity Consultants, with offices nationwide and in China and the Middle East, is an environmental consulting company specializing in industrial air quality […]

Gryphon Investors Completes Trinity Deal

Middle-market private equity shop Gryphon Investors has completed its acquisition of Trinity Consultants. Terms of the deal were not released. Trinity is a Dallas-based provider of air quality compliance and permitting services. Gryphon Investors is based in San Francisco. As part of the deal, NXT Capital announced Wednesday that it provided a $45 million senior credit facility to fund the acquisition.

PE-Backed TrustHouse Merges with A’viands Foods

TrustHouse Services Group, a healthcare and education-focused food services company backed by Gryphon Investors, has merged with A’viands Food and Services Management. Terms of the deal were not disclosed. Gryphon is a San Francisco-based middle-market private equity firm.

TrustHouse Services Group Announces Merger with A’viands Food and Services

TrustHouse Services Group, a Charlotte, N.C.-based food services company, has merged with A’viands Food and Services Management, a Roseville, Minneapolis-based wholly owned subsidiary Summit Food Services. According to TrustHouse, the combined company, which focuses primarily on the healthcare, education, and correction sectors, will rank among the top 10 food providers in the U.S. Terms of the […]

Gryphon Completes Exit of Accelerated Rehabilitation

San Francisco-based private equity firm Gryphon Investors has completed the sale of its portfolio company Accelerated Rehabilitation Centers. OMERS Private Equity acquired the Chicago-based company, which provides outpatient physical therapy services. Terms of the deal were not released.

With Third Dividend, Gryphon More than Makes Back Its Investment in Intelligrated

We have some dividend news today.

Gryphon Investors has completed its third dividend recap of Intelligrated, an automated materials handling company based in Mason, Ohio.

Intelligrated, in February, was in the market for a $125 million term loan plus a $30 million revolver. Bank of America Merrill Lynch led the deal, reported Thomson Reuters Loan Pricing Corp. Proceeds of the transaction were used to refinance debt, LPC said at the time.

Gryphon Gobbles Up Two Snack Companies for $250 Million: UPDATED

Gryphon Investors has gobbled up two companies as it builds a healthy snack platform.

San Francisco-based Gryphon on Monday said it had bought Ann’s House of Nuts and American Importing Co., or Amport. The acquisition of both companies is valued at $250 million, a source says. Both transactions closed Friday.

Columbia, Md.-based Ann’s House of Nuts makes private label and branded snack nut and trail mix products. Amport, of Minneapolis, makes and markets private label dried fruits. The companies will not be merged but will operate independently under one holding company, says Nick Orum, Gryphon’s president. They will cooperate on sales and marketing, he says.

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