Gryphon to sell Shermco to Blackstone for about $1.6 billion-March 2024-www.financetom.com

Gryphon to sell Shermco to Blackstone for about $1.6 billion

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Gryphon to sell Shermco to Blackstone for about $1.6 billion

Aug 21, 2025 7:39 AM

Aug 21 (Reuters) - Investment firm Gryphon Investors

said on Thursday it had entered into a definitive agreement to

sell its portfolio company, Shermco, to private equity funds

affiliated with Blackstone in a deal valued at about $1.6

billion.

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