phData is happy to announce that Gryphon Investors, a leading middle-market private equity firm based in San Francisco, has completed a majority growth investment in phData. This investment will support phData’s continued growth of our differentiated set of end-to-end offerings and our expert global team. phData’s executive management team, including CEO Ryan Bosshart, will remain in leadership positions at phData.
Gabe Stephenson, Partner and Head of the Technology Solutions & Services Group at Gryphon said,
phData is incredibly well-positioned to capitalize on the punctuated change and positive tailwinds being driven by data and AI. phData has an advantaged market position and leading brand in data and AI services, underpinned by strong and long-term customer relationships, a highly talented team of skilled engineers, and is led by a humble and hungry management team. We look forward to partnering with phData to help the Company capture the tremendous opportunity that exists.
We are excited to have found a partner in Gryphon that shares our vision of innovative, efficient data and AI solutions driving real world business value. Their proven track record of helping leading solutions and services companies scale in the technology space will enable us to build on our momentum and accelerate our growth.
About phData
phData, one of the largest pure-play data engineering companies globally, is certified as a Snowflake Elite Services Partner and an AWS Advanced Consulting Partner. Specializing in AI and data applications, phData offers services including data engineering, AI & machine learning, and analytics & visualization. Founded in 2014 and based in Minneapolis, MN, phData serves the world’s top brands in the financial services, manufacturing, healthcare & life sciences, and retail & CPG industries.
About Gryphon Investors
Gryphon Investors is a leading middle-market private investment firm focused on profitably growing and competitively advantaged companies in the Business Services, Consumer, Healthcare, Industrial Growth, Software, and Technology Solutions & Services sectors. With approximately $9+ billion of assets under management, Gryphon prioritizes investments in which it can form strong partnerships with founders, owners, and executives to accelerate the building of leading companies and generate enduring value through its integrated deal and operations business model.Â
Gryphon’s highly differentiated model integrates its well-proven Operations Resources Group, which is led by full-time, Gryphon senior operating executives with general management, human capital acquisition and development, treasury, finance, and accounting expertise. Gryphon’s three core investment strategies include its Flagship, Heritage, and Junior Capital strategies, each with dedicated funds of capital. The Flagship and Heritage strategies target equity investments of $50 million to $500 million per portfolio company. The Junior Capital strategy targets investments of $10 million to $25 million in junior securities of credit facilities, arranged by leading middle-market lenders, in both Gryphon-controlled companies, as well as in other private equity-backed companies operating in Gryphon’s targeted investment sectors.
Thank You
We want to thank every customer, partner, and employee for helping us reach this momentous milestone. We reached it thanks to your support.Â
phData sincerely thanks all of you.
