We actively seek companies in which we believe strong growth results can be achieved with the right team and the highly focused Gryphon approach. Industry factors that we look for include high fragmentation, scale advantages, and strong underlying demographics and demand drivers. We also search for "contrarian" plays within cyclical businesses.

	Investment Criteria: $25 million to $75 million investments Traditional buyouts, leveraged build-ups, and growth equity investments Control or shared-control positions Three to five-year investment holding periods