Gryphon Investors to sell ECG Management Consultants to Siemens.

Gryphon Investors agreed to sell ECG Management Consultants, which provides management consulting services in the areas of strategy, finance, operations and technology, to Siemens Medical Solutions USA, a subsidiary of Siemens Healthineers. Financial terms were not disclosed. "The ECG investment is a great example of Gryphon's strategy of backing talented management teams and industry executives who are building market leaders, and we have enjoyed working closely with this team as they evolved their business model, pursued organic growth, and made strategic add-on acquisitions." Nick Orum, President and Head of Gryphon's Healthcare Group.