TowerBrook to buy Orchid Underwriters from Gryphon

Photo of pink and white orchids blossoming courtesy of lenta/istock/Getty Images
Gryphon Investors is selling Orchid Underwriters after four years, according to two sources and an FTC filing. TowerBrook Capital Partners is buying Orchid, the person said. Orchid, of Vero Beach, Florida, sold for a low-double-digit multiple, the source said. Founded ...

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