Home > M&A deals 2019 > Gryphon Technologies, Inc. acquires Schafer Corp.
Divestiture · Defense · March 2019

Gryphon Technologies, Inc. acquires Schafer Corp.

On March 15, 2019, Gryphon Technologies, Inc. acquired Schafer Corp., a defense company in Massachusetts, United States, from Belcan LLC.

Deal at a glance

AnnouncedMarch 15, 2019 TypeDivestiture TargetSchafer Corp. Buyer Gryphon Technologies, Inc. Seller Belcan LLC SectorDefense LocationMassachusetts, United States ValueNot disclosed

Target company

Schafer Corp.
Massachusetts, United States
Defensesector
-founded
Activestatus
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Buyer

Gryphon Technologies, Inc.
Company · 3 deals on record
  • 1st transaction in defense
  • 1st transaction in United States
3deals, all time
1in this sector
2020latest

Seller

Belcan LLC
Company · 15 deals on record
15investments
1in this sector
1exits

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Questions about this deal

Who acquired Schafer Corp.?Gryphon Technologies, Inc. acquired Schafer Corp. on March 15, 2019.

Who sold Schafer Corp.?Belcan LLC was the seller.

What type of deal was it?It was a divestiture in the defense sector in 2019.

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