Gryphon Investors Acquires RapidAir to Establish New Platform for Branded Downstream Compressed Air Solutions
Oct 17, 2024•about 1 year ago
Acquiring Company
Gryphon
Acquired Company
RapidAir
Description
Gryphon Investors, a leading middle-market private equity firm, has acquired RapidAir from Pfingsten Partners. RapidAir, a provider of branded downstream compressed air solutions, will serve as a platform for future investments in compressed air solutions. The acquisition represents a strategic move by Gryphon to grow the business and position RapidAir as a market leader in the industry.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed