Gryphon Investors completed the acquisition of a majority stake in the ServiceNow division of Highmetric from Acacia Group.

Gryphon Investors, a private equity firm, completed the acquisition of a majority stake in the ServiceNow division of Highmetric, a software developer, from Acacia Group, a private equity firm. Financial terms were not disclosed. “This investment is a strong match with our past track record and we are looking forward to supporting management to rapidly scale the business organically and through additional strategic acquisitions," Alex Earls, Gryphon Partner and Head of Business Services.