Vivify Specialty Ingredients, a provider of specialty colorants, additives, and ingredients for the food and beverage, personal care and cosmetics, and industrial end markets, has acquired Reitech Corp., a manufacturer of pigment dispersions. Kirkland & Ellis served as legal counsel to Vivify. Reger Rizzo & Darnall LLP served as legal counsel to Reitech.
Reitech’s owners Stephen Holtzman and Prakash Pradhan will remain with the company and join the Vivify management team. Vivify was acquired in December 2021 by Gryphon Heritage Fund, the small-cap strategy of middle-market private equity firm Gryphon Investors, and is actively seeking to partner with additional businesses in order to expand product offerings and services for its customers.