L Squared Capital Partners ("L Squared") announced today the acquisition of Kano Laboratories ("Kano" or the "Company"). Kano ...

Gryphon Investors has sold Kano Laboratories, a Nashville-based maker of industrial penetrants and synthetic greases. The buyer is L Squared Capital Partners. No financial terms were disclosed.

The Company’s product portfolio is anchored by the Kroil brand of proprietary-formulated industrial penetrants, which boasts unparalleled customer loyalty among professionals in high-cost-of ...

Terms of the transaction were not disclosed. Founded in 1939, Kano is a leading manufacturer of iconic Kroil®-branded penetrating oils used to loosen corroded metal parts. In early 2024, Kano acquired ...