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Private equity firm AE Industrial Partners acquired defense engineering firm Gryphon Technologies, which will be combined with CDI Corp., acquired by AEI in September 2017. CDI Corp. was purchased for about $157.5 million; terms for Gryphon were not disclosed.
“The private equity firm AE Industrial Partners (AEI) on Thursday said it has acquired the defense engineering and technical services firm Gryphon Technologies, which will be combined with the government services business CDI Corp., which was acquired by AEI in Sept. 2017.”defensedaily.com
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