Gryphon Investors Acquires Kano Laboratories

L Squared Capital Partners Portfolio Company Kano Labs Acquires Triboscience & Engineering

July 8, 2026

Industrial Services

L Squared Capital Partners’ portfolio company, Kano Labs, has acquired Triboscience & Engineering (TSE), an engineering-driven specialty lubrication firm. The deal strengthens Kano’s position in specialty lubrication by combining TSE’s R&D-driven lubrication engineering capabilities with Kano’s manufacturing scale and distribution network.

Kano Laboratories (L Squared Capital Partners) Acquires CAIG Laboratories

January 22, 2026

Manufacturing

L Squared Capital Partners’ portfolio company, Kano Laboratories (“Kano”), acquired CAIG Laboratories (“CAIG”), the maker of the DeoxIT brand of electronic deoxidation, contact cleaners, enhancers, protectants, and specialty greases. The deal unites complementary branded consumable chemical products and is intended to expand DeoxIT’s global reach through Kano’s distribution and cross-selling.

L Squared Capital Partners Acquires Kano Laboratories from Gryphon Investors

December 18, 2024

Manufacturing

L Squared Capital Partners has acquired Kano Laboratories, the 85-year-old maker of Kroil penetrating oils and Super Lube synthetic lubricants, from Gryphon Investors. The transaction — led by L Squared's Fund IV with co-investment from select limited partners and participation from Kano's executive leadership team — positions Kano as a platform for add-on acquisitions targeted at specialty chemical and industrial MRO businesses.

Kodiak Acquires Aztech Lubricants

March 5, 2024

Manufacturing

Kodiak, a specialty process fluids supplier, has acquired Aztech Lubricants, an Oklahoma-based maker of wire-drawing and powdered chemical products. The acquisition expands Kodiak’s product portfolio into powder-based chemistries and increases its manufacturing and blending capacity to better serve industrial end markets such as aerospace, automotive and agriculture.

Kano Laboratories Acquires Super Lube and Synco Brands

January 22, 2024

Manufacturing

Kano Laboratories, backed by Gryphon Investors' Gryphon Heritage Fund, has acquired the operating assets related to the Super Lube and Synco brands from Synco Chemical Corporation. The acquisition expands Kano's portfolio of premium greases and lubricants and will see Natalia Diaz continue to lead Super Lube as President, reporting to Kano President Mark Klein; terms were not disclosed.

kdc/one Acquires Aerofil Technology; KKR Makes Strategic Investment in kdc/one

March 30, 2022

Manufacturing

Knowlton Development Corporation (kdc/one) acquired Aerofil Technology, a Sullivan, Missouri-based aerosol and liquid contract packager, adding North American aerosol filling capabilities to its network. Simultaneously, global investment firm KKR made a strategic minority investment in kdc/one to support the company's continued growth alongside existing investor Cornell Capital.