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Gryphon Investors Acquires Vivify Specialty Ingredients.

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MANews-(C)2009-2021

US-based middle-market private equity firm Gryphon Investors has acquired Vivify Specialty Ingredients in partnership with the company's current family owner Aakash Shah, who will remain on the board of directors, and Vivify management, the firm said.

Vivify is a provider of specialty organic colorants, functional ingredients, and additives across multiple consumer and industrial end markets.

This represents the third platform investment closed by Gryphon's Heritage Fund, a small-cap fund offering launched by Gryphon in 2020.

Financial terms of the transaction were not disclosed.

Based in Glendale Heights, Illinois, Vivify is a provider of specialty chemicals for colorant and related specialty applications in the personal care and cosmetics, food and beverage, packaging, plastics, coatings, and agriculture industries.

Specializing in organic pigments, dyes, liquid colorants, slip additives, specialty resins, and specialty food ingredients, the company distributes products that are manufactured both domestically and internationally and sold in more than 50 countries.

Through a technical, high-touch salesforce, innovative lab and regulatory support...

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