BIG CHIEF HAS BEEN ACQUIRED BY GRYPHON INVESTORS
Prestwick is pleased to announce that Big Chief Inc. has been acquired by Gryphon Investors. Prestwick acted as the exclusive financial advisor to Big Chief and its shareholders. The terms of the transaction were not disclosed.
Founded in 1962 and based in Cincinnati, Ohio, Big Chief (www.gobigchief.com) is a leading value-added supplier of industrial maintenance, repair and operations products related to electric heating and temperature control. The Company is regarded as a market leader for its technical expertise, customer service, and custom fabrication capabilities. Big Chief’s customers are primarily manufacturers serving a diverse range of end markets, including consumer staples, water & infrastructure, automotive, specialty polymers & resins, building materials, and general industrial. The Company serves customers in all 50 states.
Gryphon Investors (www.gryphoninvestors.com) is a leading private equity firm focused on profitably growing and competitively enhancing companies in partnership with management. As of December 31, 2022, the firm has over $8.9 billion of assets under management. Gryphon targets making equity investments of $50 million to $300 million in portfolio companies with enterprise values ranging from approximately $100 million to $600 million. Gryphon prioritizes investment opportunities where it can form strong partnerships with founders, owners, and executives to build leading companies, utilizing Gryphon’s capital, specialized professional resources, and operational expertise.