San Francisco–based Gryphon Investors has acquired Vessco Holdings from O2 Investment Partners for an undisclosed amount.
Based in Minneapolis, Minn., Vessco is a value-added distributor of process, flow control, pumps and automation equipment and services to water and wastewater treatment utilities and industrial users. The company serves Upper Midwest and Northeast industrial and municipal customers.
“Water and wastewater treatment is a critical part of modern human life, and the industry will continue to experience attractive growth tailwinds from population growth, increasing regulation and the need to replace aging infrastructure,” said Wes Lucas, the operating partner to Gryphon’s industrial growth group. “We look forward to supporting Vessco management during its next phase of growth by leveraging Gryphon’s in-house operations resources group and human capital group to facilitate further investment in the business and its employees.”
Vessco
