Gryphon Investors to acquire Spindrift

NEWTON, MASS. — Gryphon Investors, a San Francisco-based private investment firm, will acquire a majority stake in Spindrift Beverage Co., Inc., a sparkling water maker that formulates its beverages with “real squeezed fruit.” Dave Burwick will lead Spindrift as its new chief executive officer, succeeding Bill Creelman, founder and current CEO of Spindrift.Creelman, who founded Spindrift in 2010, will become…