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Synopsis
Gryphon Investors, a private equity firm focused on profitably growing, completed the acquisition of Vivify, a provider of specialty colorants and functional ingredients, from Centeroak Partners, a private equity firm focused on control-oriented investments. Financial terms were not disclosed. "Gryphon's Heritage Fund leverages our firm's sector initiative strategy and deep pool of relevant operating resources, and focuses on partnering with market leaders with sustainable differentiation. We believe Vivify is an exceptional player in the attractive colorant and ingredient markets, and we see a variety of opportunities for additional investments to accelerate growth, including add-on acquisitions." Keith Stimson, Gryphon Investors Deal Partner and Head of the Heritage Fund Team.
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