JENSEN HUGHES, a portfolio company of Gryphon Investors, has acquired Technical Response Planning Corporation (TRP).
TRP provides consulting services and software for emergency planning, training and response. The company specializes in delivering emergency (hurricanes, oil and chemical spills, and fires) response plans for large, complex operations using its cloud-based software application, SMARTPLAN. Customers of TRP are active in the oil & gas, power, manufacturing, transportation, and automotive sectors. TRP was founded in 1995 by CEO Steve Bassine and is headquartered in Houston (www.emergency-response-planning.com).
“Since our beginning, we have worked tirelessly to exceed client expectations and find a better way to deliver response plans. We have been extremely successful in serving our clients over the last 23 years and are now eager to partner with a team like JENSEN HUGHES who can really help us make inroads into other heavily-regulated industries and geographies,” said Mr. Bassine.
JENSEN HUGHES, acquired by Gryphon in December 2015 from Huron Capital, is a provider of fire protection engineering and consulting services that includes fire safety systems design and analysis, code consulting, risk assessment, forensic investigation and testing, and security. The company’s clients are active in a wide range of industries and include half of the Fortune 500. JENSEN HUGHES, led by CEO Paul Orzeske, has more than 40 offices in North America and nine offices in Asia and the Middle East with a headquarters in Baltimore (www.jensenhughes.com).
“We continually hear from clients, especially in our most complex verticals, that implementing, and subsequently managing emergency response plans continues to be a challenge. TRP is a pioneer in this field and we are thrilled to be able to bring their expertise and capability to our clients and help support their continued growth,” said Mr. Orzeske.
Gryphon makes leveraged acquisitions and growth investments in middle-market companies. The firm invests from $50 million to $200 million of capital in companies with sales from $100 million to $500 million. Sectors of interest include business services, consumer and retail, automotive, chemical, general manufacturing, healthcare and hotels.
Gryphon closed its fourth private equity buyout fund, Gryphon IV LP, in November 2016 at $1.1 billion, and raised a $100 million captive mezzanine fund, Gryphon Mezzanine Partners LP, in August 2017. The firm is based in San Francisco (www.gryphoninvestors.com).
© 2019 Private Equity Professional | February 13, 2019