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Consolidated was owned by of Los Angeles, Costa Mesa-based and other shareholders. Financial terms of the deal were not Gryphon is based inSan Francisco. Consolidated's Coscoi and Firetrol subsidiaries operateseparateluy -- mostly in the westernj United States. The units design, repair, inspect and service fire safety Jim Didion, former chairma n and chief executive at Los Angeles-based , is co-investinv with Gryphon in the deal. He will serve on the company's board. Gryphon employs more than 8,00o people and has more than $500 milliom in assets.
It has been in operation for about 10 Hoovers reports Gryphon usually investsin middle-market operations that are valuedr between $50 million and $75 million. Privately held Consolidatexd has around 350 employees and has operatedssince 1959. It has regional offices in San Los Angeles, San Diego, Fresno, Seattle and Anchorage, Alaska.
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