Gryphon Investors is reviewing a sale of its 2015 fire‑safety portfolio company Jensen Hughes, based in Columbia, Maryland. Sources estimate the deal could command $1.5 billion using recent EBITDA multiples for fire‑safety providers. BofA Securities has been retained as the sell‑side adviser, and a formal process is expected to launch in the next few months.

The fire‑safety market has tightened as building codes grow stricter and insurers push for better risk mitigation, driving up valuations for specialist firms. Jensen Hughes offers a blend of engineering services and proprietary software that appeals to both strategic buyers and private‑equity funds. A transaction at the projected level would rank among the larger recent exits in the niche.

Gryphon plans to test market interest before committing to a final price, a move that could set a pricing benchmark for fire‑safety platforms. Should bids materialise, the deal would likely accelerate consolidation in a sector where scale offers cost efficiencies and broader service reach. The sale process is now underway, and bidders will soon submit indicative offers.

Industry observers will gauge whether the valuation reflects genuine growth prospects or merely market optimism, making the outcome a litmus test for the sector.