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Gryphon Investors seals sale of laundry-product manufacturer Washing Systems

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Gryphon Investors seals sale of laundry-product manufacturer Washing Systems

San Francisco-based private equity firm Gryphon Investors closed on the sale of its commercial laundry-product manufacturer Washing Systems LLC to Kao Corp. for an undisclosed sum.

Harris Williams acted as financial adviser and Kirkland & Ellis served as counsel to Washing Systems and Gryphon on the deal.