Gryphon Junior Capital Makes Second Lien Investment in AWP Safety

San Francisco, CA

Gryphon Investors (“Gryphon”), a leading middle-market private investment firm, announced today that its Junior Capital Fund has made a second lien investment in AWP Safety (“AWP” or the “Company”), a provider of comprehensive traffic management services.  Additional terms of the transaction were not disclosed.

Founded in 1993 and headquartered in North Canton, OH, AWP is one of North America’s leading traffic control company. AWP delivers comprehensive traffic management services, supporting utility, broadband, and transportation infrastructure work in communities across the U.S.  AWP specializes in supplying the manpower to guide traffic safety around work zones. The Company also provides consultation and traffic design services, as well as traffic control equipment.  AWP is majority-owned by Kohlberg & Company, a leading private equity firm based in Mount Kisco, NY.

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About Gryphon Junior Capital

Gryphon’s Junior Capital Fund provides flexible junior capital financing solutions to private equity-owned, middle-market companies in industries and sectors in which Gryphon believes it has differentiated underwriting and investment capabilities.  This focus enables Gryphon Junior Capital to move quickly and provide its private equity and lending partners with access to Gryphon’s insights, expertise, and expansive network of industry professionals, assisting with initial diligence and ongoing management of investments.  Gryphon Junior Capital is committed to building strong partnerships and offers a broad range of creative financing solutions within its investment criteria.

About Gryphon Investors

Gryphon Investors is a leading middle-market private investment firm focused on profitably growing and competitively advantaged companies in the Business Services, Technology Solutions & Services, Consumer, Healthcare, Industrial Growth, and Software sectors.  With approximately $9+ billion of assets under management, Gryphon prioritizes investments in which it can form strong partnerships with founders, owners, and executives to accelerate the building of leading companies and generate enduring value through its integrated deal and operations business model. Gryphon’s highly differentiated model integrates its well-proven Operations Resources Group, which is led by full-time, Gryphon senior operating executives with general management, human capital acquisition and development, treasury, finance, and accounting expertise.  Gryphon’s three core investment strategies include its Flagship, Heritage, and Junior Capital strategies, each with dedicated funds of capital.  The Flagship and Heritage strategies target equity investments of $50 million to $350 million per portfolio company, and the Junior Capital strategy targets investments of $10 million to $25 million per portfolio company. 

Contacts

Zack Duloc – Managing Director (duloc@gryphoninvestors.com
Nik Kumar – Vice President (kumar@gryphoninvestors.com)

Or

Caroline Luz Lambert
cluz@lambert.com
203-570-6462