Firm at a glance
Grey Lion is a platform private equity firm headquartered in New York, NY, per its own website [S1].
What they buy
Based on publicly reported transactions, Grey Lion appears to pursue platform acquisitions across manufacturing, business services, online training, and security sectors [S2]. The firm demonstrates an active add-on strategy, having completed approximately five add-on acquisitions in the trailing twelve months as of mid-2026 [S2]. Recent platform investments include businesses in die casting, industrial brushes, flooring materials, and security solutions, suggesting a focus on specialized industrial and B2B service companies [S2].
Portfolio
Grey Lion’s recent transaction history does not include a published current portfolio list. However, publicly reported activity over the past 24 months indicates platform investments and add-ons across several sectors [S2]:
**Manufacturing & Industrial**
Hyatt Die Cast & Engineering Corporation (add-on, July 2026), Tanis Brush (platform acquisition, May 2026), Chips Unlimited (add-on, December 2025), Cast-Rite Corporation (add-on, February 2024)
**Training & Compliance**
IMTC (acquisition, June 2026), UST Training (add-on, December 2025), Ready Training Online (add-on, May 2025), My Mortgage Trainer (add-on, April 2025), Compliance Training Online (add-on, September 2024)
**Security & Technology**
Echolocity (add-on, July 2026), Birdseye Security Solutions (platform acquisition, October 2024)
**Construction & Building Materials**
Slipstream (platform acquisition, August 2025), Torginol (platform acquisition, June 2025), Canadian Concrete Expo (add-on, March 2025)
**Other Services**
On The Fly Brands (add-on, April 2025), TRANSACT (add-on, June 2024)
Recent activity (last 24 months)
• July 2026: Add-on acquisition of Hyatt Die Cast & Engineering Corporation [S2]
• July 2026: Add-on acquisition of Echolocity [S2]
• June 2026: Acquisition of IMTC [S2]
• May 2026: Acquisition of Tanis Brush [S2]
• December 2025: Add-on acquisition of Chips Unlimited [S2]
• December 2025: Add-on acquisition of UST Training [S2]
• November 2025: Exit of The RealReal [S2]
• August 2025: Acquisition of Slipstream [S2]
• June 2025: Acquisition of Torginol [S2]
• May 2025: Add-on acquisition of Ready Training Online [S2]
• April 2025: Add-on acquisition of On The Fly Brands [S2]
• April 2025: Add-on acquisition of My Mortgage Trainer [S2]
• March 2025: Add-on acquisition of Canadian Concrete Expo [S2]
• October 2024: Acquisition of Birdseye Security Solutions [S2]
• September 2024: Add-on acquisition of Compliance Training Online [S2]
• August 2024: Exit of TickPick [S2]
How this firm fits a seller
Grey Lion appears well suited for owner-operators in specialized manufacturing, training, or B2B services seeking a buyer with demonstrated add-on acquisition capability. The firm’s transaction pace suggests an active approach to platform building, having completed approximately eighteen transactions over the past 24 months [S2]. Two reported exits in late 2024 and late 2025 indicate the firm does complete liquidity events for portfolio companies [S2]. Sellers in industrial manufacturing or compliance training sectors may find sector alignment based on the firm’s recent investment pattern [S2].
Sources
[S1] https://www.greylion.com (as of 2025-01-15)
[S2] https://www.greylion.com/news (as of 2025-01-15)
Frequently asked questions
Does Grey Lion buy manufacturing businesses?
Yes, based on publicly reported transactions. Grey Lion has acquired multiple manufacturing businesses in recent years, including die casting companies like Hyatt Die Cast & Engineering Corporation (July 2026) and Cast-Rite Corporation (February 2024), as well as industrial brush manufacturer Tanis Brush (May 2026) [S2].
What companies has Grey Lion acquired recently?
Recent acquisitions include Hyatt Die Cast & Engineering Corporation and Echolocity in July 2026, IMTC in June 2026, and Tanis Brush in May 2026 [S2]. The firm has completed approximately eighteen transactions over the past 24 months, including both platform acquisitions and add-ons [S2].
Where is Grey Lion based and how big is the firm?
Grey Lion is headquartered in New York, NY, per its website [S1]. Fund size and assets under management have not been publicly disclosed in available sources as of early 2025.
Is Grey Lion still actively acquiring?
Yes, Grey Lion appears actively acquiring based on recent transaction history. The firm completed two add-on acquisitions in July 2026 (Hyatt Die Cast & Engineering Corporation and Echolocity) and has maintained a consistent acquisition pace with approximately five add-ons in the trailing twelve months [S2].
This profile is maintained by CT Acquisitions as an independent third-party reference. CT Acquisitions is not affiliated with, endorsed by, or a representative of the firm profiled. All facts sourced from publicly available materials as of the dates cited.