Turnspire Capital Partners Acquires GHP Group

Turnspire Capital Partners Acquires Spectra Premium Industries

November 16, 2021

Automotive

Turnspire Capital Partners, through a newly formed operating company Spectra Premium Mobility Solutions, completed the acquisition of the assets of Spectra Premium Industries pursuant to CCAA and Chapter 15 proceedings. The acquisition gives Turnspire control of Spectra's North American manufacturing and distribution platform—headquartered in Boucherville, Quebec—with more than 700 employees and operations serving OEM and aftermarket automotive, heavy-duty truck and industrial markets.

Turnspire Capital Partners Completes Acquisition of Pharmachem Innovations from Ashland

September 3, 2024

Food & Beverage

Turnspire Capital Partners has acquired Pharmachem Innovations, the former nutraceuticals business of Ashland Inc., creating an independent nutraceuticals platform. Pharmachem — a provider of proprietary nutrition ingredients, custom formulation and contract manufacturing with ~500 employees across facilities in New Jersey, Utah and Tamaulipas, Mexico — will be led by Executive Chairman Maurice Murphy and Interim CEO Jeff Rogers as Turnspire pursues operational growth opportunities.

Turnspire Capital Partners Acquires MPI Holdings

January 16, 2020

Manufacturing

Turnspire Capital Partners, a New York-based special situations private equity firm, has acquired the assets of MPI Holdings, LLC, a North American leader in fineblanked, high-precision metal components for automotive and industrial applications. Turnspire named Trevor Myers as President & CEO and plans to invest in process improvements, R&D, organic growth and strategic acquisitions to expand MPI's capabilities and end markets.

Turnspire Capital Partners Acquires USG Water Solutions from Veolia

May 23, 2023

Environmental Services

Turnspire Capital Partners' affiliate has acquired USG Water Solutions from Veolia North America. Headquartered in Atlanta and Perry, Georgia, USG provides water asset management, tank maintenance, smart metering and water quality technologies across 47 states with over 450 employees; Turnspire named John C. Flaugher as CEO and will operate USG as an independent, growth-focused platform.

The Partner Companies Acquires UPG from Turnspire Capital Partners

February 27, 2023

Manufacturing

Turnspire Capital Partners announced that an affiliate has sold portfolio company UPG Company, LLC (UPG) to The Partner Companies, LLC. UPG is a Houston-based designer, manufacturer and assembler of engineered, mission‑critical components serving data center, healthcare, energy and diversified industrial end markets; terms were not disclosed. UPG operates facilities in Houston, Wales (United Kingdom) and Suzhou (China).

Turnspire Capital Partners Acquires Swanson Industries and Tiefenbach North America

June 6, 2024

Industrial Services

Turnspire Capital Partners LLC (through an affiliate) has acquired Swanson Industries, a Morgantown, West Virginia–headquartered provider of manufacturing, remanufacturing, repair, and distribution services for mining equipment and hydraulic cylinders. The transaction includes Swanson’s controlling stake in Tiefenbach North America and is intended to support operational improvements, capability expansion, and strategic growth under Turnspire’s partnership with management.