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Gryphon Investors

Gryphon’s Milani Cosmetics names David Berk CFO

Gryphon’s Milani Cosmetics names David Berk CFO

SAN FRANCISCO — Milani Cosmetics, a leading “masstige” beauty company, announced it has appointed industry veteran David Berk as chief financial officer. Berk reports to chief executive officer Grace Ray. San Francisco-based private equity firm Gryphon Investors acquired a majority stake in the company last June. Matt Farron, principal at Gryphon, said, “We are focused on building out Milani’s executive

Prestige Brands to acquire C.B. Fleet Co.

Prestige Brands to acquire C.B. Fleet Co.

TARRYTOWN, N.Y. — Prestige Brands Holdings Inc. plans to buy over-the-counter medicine and personal care manufacturer C.B. Fleet Co. from private equity firm Gryphon Investors for $825 million in cash. Prestige Brands said Fleet’s product lineup will bring leading brands in the women’s health, gastrointestinal and pediatric care categories, and the Lynchburg, Va.-based company’s global