Gryphon to exit C.B. Fleet Company in $825m deal

San Francisco-based private equity firm Gryphon Investors has agreed a $825m sale of consumer healthcare manufacturer C.B. Fleet Company. The firm will sell the company to Prestige Brands, two years after its initial investment in the business. Founded in 1869, Fleet is a consumer healthcare manufacturer and marketer of personal care and over-the-counter products in the …