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Gryphon Investors Acquires Wittichen Supply Company

Aug 02, 2021over 4 years ago

Acquiring Company

Gryphon

Acquired Company

Wittichen Supply Company

San FranciscoAngel InvestmentVenture CapitalFinanceFinancial Services

Description

Gryphon Investors ("Gryphon"), a leading middle-market private equity firm, today announced that it has acquired Wittichen Supply Company ("Wittichen" or the "Company"), a wholesale distributor providing heating, ventilation, air conditioning, and refrigeration (HVAC/R) equipment, parts, supplies, and customer service to residential and commercial customers in the Southeastern United States. This represents the second investment closed by Gryphon's Heritage Fund, a new small-cap fund offering launched by Gryphon in 2020. Financial terms of the transaction were not disclosed.

Company Information

Company

Gryphon

Location

San Francisco, California, United States

About

Gryphon is an Ohio-headquartered Fund Administrator, providing accounting, administration, and tax preparation and advisory services to the private fund ecosystem. With over $10 billion in assets under administration, Gryphon has built a strong reputation for delivering high-quality services to private funds.

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Integration timeline
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Tech stack consolidation
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Post-acquisition investment
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