Gryphon Investors Makes Strategic Investment in Mechanix Wear

August 19, 2019

Gryphon Investors has signed a definitive agreement to make a significant investment in Mechanix Wear, the Valencia, California–based designer and manufacturer of high-performance work gloves. The transaction (terms not disclosed) is intended to help Gryphon build a PPE platform, accelerate Mechanix Wear's organic growth, drive product innovation, expand channels and geographies, and pursue add-on acquisitions; CEO Michael Hale will retain an ownership stake.

Targets
Mechanix Wear
Sellers
Michael Hale (current owner and CEO)
Location
California, United States
Transaction Type
Growth capital

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