Graham Partners, a Newtown Square private-equity firm, said it had bought SP Industries, a Warminster company that designs and makes medical equipment and components used in pharmaceutical development and production. The price for SP Industries, which has 400 employees and between $75 million and $100 million in annual sales, was not disclosed. The seller was a Portland, Ore., private equity firm, Riverlake Partners, which had owned SP Industries since 2005 and expanded it through two acquisitions. Rob Newbold, Graham's managing principal overseeing the deal, said Graham had bought about 90 percent of SP Industries, with management owning the rest. One of SP Industries' four factories is in Vineland, N.J. - Harold Brubaker
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