Turnspire Capital Partners Acquires Swanson Industries and Tiefenbach North America
June 6, 2024
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.
- Buyers
- Turnspire Capital Partners LLC (affiliate)
- Targets
- Swanson Industries, Tiefenbach North America
- Industry
- Industrial Services
- Location
- West Virginia, United States
- Transaction Type
- Buyout
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