Announced
Completed
Financials
Tags
Private
Single Bidder
Friendly
Diversified Industrials
Domestic
Private Equity
Majority
Completed
industrial oils
United States
Acquisition
Synopsis
Gryphon Investors, a middle-market private equity firm, completed the acquisition of Kano Laboratories, producer of iconic, branded penetrating oils and lubricants sold into industrial maintenance, repair, and operations and consumer markets. Financial terms were not disclosed. "Our investment in Kano is a continuation of Gryphon's successful proactive sector initiatives in both Enthusiast Brands and Specialty Chemicals, and also leverages insights gained from current portfolio company Mechanix Wear and former portfolio company K&N Engineering," Keith Stimson, Gryphon Partner.
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