Jensen Hughes announced the recapitalization of the company by San Francisco-based private equity firm Gryphon Investors. With annual revenues of approximately $180M, Jensen Hughes is a specialty engineering firm that provides fire protection systems design and analysis, code consulting, hazard and risk assessments, forensic engineering, fire research, and security services.
According to the press release: "Gryphon will provide JENSEN HUGHES with substantial new investment capital and business expertise. This will enable JENSEN HUGHES to continue providing clients with innovative safety solutions through a growing global network of technical experts while offering an unmatched scope of specialty engineering services."
Deal terms were not announced.
We provide you with the latest news on acquisitions in the Defense and Government markets. Make sure to subscribe to our weekly deal updates: