Fortress Acquires Gyptech

SeaFort Capital Acquires Majority Stake in GHY International

January 15, 2025

Logistics & Distribution

SeaFort Capital has made a majority investment in GHY International, a Winnipeg-headquartered customs brokerage and trade compliance services provider, with Winnipeg-based Jessiman Family Investments joining as a co-investor. GHY's Co-CEO Richard Riess will retain significant equity, the existing senior executive team will remain in place, and the company plans to pursue organic growth and acquisitions supported by SeaFort and new financing from Bank of Montreal.

Fortress Management and Mubadala Capital Acquire Fortress Investment Group from SoftBank

May 19, 2024

Financial Services

Fortress management and a consortium led by Mubadala Capital have completed the acquisition of SoftBank Group's 90.01% stake in Fortress Investment Group. Under the transaction, Fortress management holds a 32% equity interest (with board control rights) and the Mubadala-led consortium owns 68%; terms were not disclosed and Fortress will continue to operate independently.

Fortress Investment Group Acquires Infra Pipe Solutions

December 3, 2024

Manufacturing

Funds managed by affiliates of Fortress Investment Group have acquired a majority stake in Infra Pipe Solutions (IPS), a North American manufacturer of HDPE pipes and structures. Wynnchurch Capital exited the company; IPS management retained a minority stake and Fortress plans to invest to expand capacity and capture strong infrastructure demand across water, telecom and mining markets.

Wynnchurch Capital Acquires Drew Foam Companies

November 10, 2020

Manufacturing

Wynnchurch Capital has acquired Drew Foam Companies, a Monticello, Arkansas–based manufacturer of expanded polystyrene (EPS) products, from Branford Castle Partners. Drew operates multiple manufacturing facilities across the Southeast U.S. serving packaging, building products and OEM end markets; terms were not disclosed and Wynnchurch intends to support the company's organic and inorganic growth.

GAF Acquires FT Synthetics

September 7, 2021

Building Products

GAF, a Standard Industries company, has signed a definitive agreement to acquire FT Synthetics, a British Columbia–based manufacturer of synthetic underlayments for the steep-slope roofing industry. FT Synthetics will operate as an independent business within the GAF portfolio, with CEO Gary Sandhar retaining a senior leadership role as GAF invests to scale operations and expand product offerings.

Gryphon Investors Completes Majority Growth Recapitalization of Fortreum

January 7, 2026

Cybersecurity

Gryphon Investors has completed a majority growth recapitalization of Fortreum, a Lansdowne, Virginia-based cybersecurity services firm specializing in compliance, audit, and technical testing including FedRAMP, CMMC, ISO, PCI, and SOC. The investment will fund expansion of Fortreum's offerings and accelerate development and adoption of its XRAMP continuous validation platform and AI-enabled capabilities; company founders will retain a significant equity stake. Financial terms were not disclosed.