Gryphon Investors Acquires Benoist Brothers Supply Co.

Gryphon Investors has acquired Benoist Brothers Supply Co., a 90-year-old Midwest HVAC/R distributor with 13 branches, and will operate the business as an independent division of its Wittichen Supply Holding Company. Benoist's management and the Benoist family retain a minority stake; the deal creates a multi-region HVAC/R distribution platform to expand geographic coverage and product availability across the Midwest and Southeast.