Summit Casing Equipment Acquires Gryphon Casing Solutions

Summit Casing Equipment Acquires Scepter Supply

October 6, 2023

Oil & Gas

Summit Casing Equipment, a Fort Worth-based manufacturer of cementation products for the oil and gas industry, has acquired Scepter Supply, LLC, a Cheyenne-headquartered distributor of casing accessories and centralizers. The acquisition expands Summit's product offering and customer base in the U.S. land-based well construction market and brings Scepter's high-impact composite centralizer and distribution footprint into Summit's manufacturing and service network.

Vertice Oil Tools Acquires Completions Assets of Gryphon Oilfield Solutions

October 26, 2021

Oil & Gas

Vertice Oil Tools, a Stafford, Texas–based downhole completions technology provider backed by SCF Ventures, acquired substantially all of the completions assets of Gryphon Oilfield Solutions. The deal expands Vertice's geographic footprint and augments its product portfolio with Gryphon's suite of downhole completion technologies, including dissolvable plugs and sleeves.

Gryphon Investors Acquires AirX Climate Solutions from L Catterton

September 27, 2023

Industrial Services

Gryphon Investors has agreed to acquire AirX Climate Solutions (ACS), a specialty HVAC designer, manufacturer, distributor, and servicer headquartered in Oklahoma City, from private equity firm L Catterton. Gryphon will partner with ACS management, who are reinvesting, to expand geographic footprint, grow aftermarket and service offerings, and pursue add-on acquisitions; the deal is expected to close in Q4 2023 and financial terms were not disclosed.

Summit Fire & Security Acquires Casper Fire Extinguisher Service

May 26, 2021

Industrial Services

SFP Holding, Inc. (Summit Companies) announced that its subsidiary, Summit Fire & Security LLC, has completed the acquisition of Casper Fire Extinguisher Service, Inc., a family-owned fire-extinguisher and life-safety service provider based in Casper, Wyoming. The transaction expands Summit Fire & Security's presence in Wyoming and adds local fire-extinguisher inspection, maintenance and emergency lighting services to its platform.

HEPACO Acquires Summit Field Services Division from Summit Environmental Services

January 22, 2021

Environmental Services

HEPACO, a Gryphon Investors–backed environmental services platform based in Charlotte, acquired the Field Services Division of Summit Environmental Services (operating as Summit Field Services) from Summit Environmental Services of Evansville, Indiana. The acquisition adds emergency response, industrial services, and waste management capabilities and staff in the Mid-Central/Midwest region as part of HEPACO's continued platform growth.

QuantiTech Acquires Systems Engineering Group from Griffon Corporation

January 4, 2021

Aerospace & Defense

QuantiTech LLC, a portfolio company of Sagewind Capital, has acquired Systems Engineering Group, Inc. (SEG) from Griffon Corporation. The acquisition strengthens QuantiTech's threat engineering, modeling & simulation, and missile defense capabilities to better serve U.S. government customers in missile defense, hypersonics and intelligence markets.