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New Deal


Announced

Completed

Gryphon Investors completed the acquisition of Kano Laboratories.

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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Private

Single Bidder

Friendly

Diversified Industrials

Domestic

Private Equity

Majority

Completed

industrial oils

United States

Acquisition

Synopsis

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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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