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Announced

Completed

Gryphon Technologies completed the acquisition of PGFM Solutions.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

cybersecurity

Private

IT Services: Other

United States

Completed

Single Bidder

Majority

Friendly

Synopsis

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Gryphon Technologies, a premier defense engineering and technical services provider supporting national security programs, completed its acquisition of PGFM Solutions, cybersecurity provider. Financial terms were not disclosed. “With the addition of PGFM, Gryphon strengthens its position as a leader in engineering for national security and defense systems with a mature capability to develop innovative cybersecurity solutions focused on shipboard machinery control systems,” P.J. Braden, Gryphon CEO.

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