Gryphon Investors, a middle-market private equity firm, has acquired Vivify Specialty Ingredients from CenterOak Partner LLC‘s CenterOak Equity Fund I. This is the third platform investment closed by Gryphon’s Heritage Fund.

Vivify is a provider of specialty organic colorants, functional ingredients and additives across consumer and industrial end-markets. The firm provides its products to personal care & cosmetics, food & beverage, packaging, plastics, coatings, and agriculture sectors. Vivify focuses on organic pigments, dyes, liquid colorants, slip additives, specialty resins and food ingredients.

“Vivify has 40 years of experience addressing customer needs through innovative formulations, robust laboratory and regulatory support capabilities, and high-quality products,” added Craig Nikrant, Gryphon operating partner. “Its outstanding research has developed standardized methods to assure consistency and meet customers’ quality, safety, and environmental requirements.”

Gryphon was advised by legal counsel Kirkland & Ellis and financial advisor Guggenheim Securities, LLC. Keybanc Capital Markets served as the exclusive financial advisor to Vivify, and Gibson Dunn served as legal counsel.