# AE Industrial Partners acquires Gryphon Technologies

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.

- Type: Acquisition
- Announced: 2018-09-13
- Where: Wichita, Kansas, United States
- Value: $157.5M
- Status: completed
- Products: defense engineering services, wiring harnesses, cable assemblies
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Atlas Holdings](https://endata.com/companies/2572.md) (target)
- [AE Industrial Partners](https://endata.com/companies/10069.md) (acquirer)
- [F.M.I.](https://endata.com/companies/27774.md) (partner)
- [CDI Corporation](https://endata.com/companies/28764.md) (target)
- [Gryphon Technologies](https://endata.com/companies/34314.md) (target)

## Sources

- [defensedaily.com](https://www.defensedaily.com/private-equity-firm-ae-industrial-partners-acquires-gryphon-technolgies-cdi/business-financial/), 2018-09-13: "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."
- [aeroequity.com](https://www.aeroequity.com/ae-industrial-partners-acquires-the-atlas-groupwill-combine-with-existing-portfolio-company-fmi/), 2018-10-09: "The acquisition of Atlas represents a critical milestone in creating a highly strategic, purpose-built platform and we look forward to partnering with their senior leadership team to grow the business."
- [prnewswire.com](https://www.prnewswire.com/news-releases/ae-industrial-partners-acquires-the-atlas-group-300728043.html), 2018-10-09: "The acquisition of Atlas represents a critical milestone in creating a highly strategic, purpose-built platform and we look forward to partnering with their senior leadership team to grow the business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.