K&N Engineering Case Study

The leading performance filter brand in the automotive aftermarket space and the inventor of washable performance air filters and air intake systems

Consumer Goods: Enthusiast Brands; Auto Aftermarket

• Gryphon’s investment in K&N Engineering was sourced through Gryphon’s proprietary, research-based approach and sector initiative in enthusiast brands, including performance aftermarket auto parts
• Gryphon had developed an expertise in enthusiast brands and auto aftermarket after a successful prior investment in MSD Ignition
• With the expertise of an executive exclusive to Gryphon, the former CEO of an auto aftermarkets brand, and the assistance of the Gryphon Operations Resources Group, Gryphon’s Consumer Group identified several opportunities to increase EBITDA during the course of ownership, transforming the brand from a niche consumer name into a category growth engine

Exited in 2016