Announced
Completed
Synopsis
Gryphon Investors, a middle-market private investment firm, completed the acquisition of Safety Management Group, a provider of outsourced safety services, from NMS Capital, a private investment firm. Financial terms were not disclosed. "We are excited to partner with Randy and the SMG team to grow the business and further position the Company as a market leader. Gryphon's investment is the result of a proactive theme-based approach, as we recognize the significant importance of safety across many of our portfolio companies and the broader services sector. SMG has built a strong reputation as the go-to-provider for outsourced safety consulting and has demonstrated consistent growth in essential industries with strong tailwinds," Jeff Pembroke, Gryphon Operating Partner.
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