Private Equity Firm Business Services

Turnspire Capital Partners

New York, New York, United States

Turnspire Capital Partners is a private investment firm focused on providing special situations solutions to the lower middle market in North America, targeting businesses at strategic, operational or financial inflection points and creating value through hands-on, operationally focused improvements in controllable costs, margins and cash flow.

Focus Areas
Special situations private equity, Corporate carve-outs, Restructurings

Tracked deals

13

13 tracked deals across 2019-2026.

Recent pace

2

2 tracked deals announced in the last 12 months.

Deal mix

Buyout

9 buyout · 2 addon · 2 divestiture

Turnspire Capital Partners Acquisition Volume by Year

Last 7 years

Acquisition volume by year Annual acquisition counts for the last 7 years for Turnspire Capital Partners. 1 2019 2 2020 2 2021 1 2023 3 2024 3 2025 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

Showing the 12 most recent of 13 tracked deals for Turnspire Capital Partners.

  • Buyer
    Turnspire Capital Partners LLC
    Target
    Hulcher Services, Inc.
    Type
    Buyout

    Turnspire Capital Partners acquired Hulcher Services, a North American provider of mission-critical rail infrastructure, maintenance, and field services. The company operates 28 service centers across the United States and Mexico and employs about 480 people with a specialized fleet of 3,000+ purpose-built equipment units.

  • Buyer
    Turnspire Capital Partners LLC, AgraMarke Quality Grains, Inc.
    Target
    LifeLine Foods LLC, ICM Biofuels LLC
    Industry
    Food & Beverage
    Type
    Buyout

    Turnspire Capital Partners (with partner AgraMarke Quality Grains) acquired LifeLine Foods LLC and ICM Biofuels LLC and combined operations under The LifeLine Group. The combined platform will operate LifeLine Foods (food-grade corn ingredients) and LifeLine Biofuels (renewable fuels produced from starch streams) to capture operational synergies and expand capabilities across food, building products and biofuels markets.

  • Buyer
    Infinity Engineered Products, Turnspire Capital Partners LLC
    Target
    Meklas Otomotiv
    Industry
    Automotive
    Location
    Türkiye
    Type
    Addon

    Turnspire Capital Partners' portfolio company Infinity Engineered Products acquired Meklas Otomotiv, a Turkey-based air spring manufacturer founded in 1986. The acquisition adds production capacity and engineering capability to support re‑introducing the Goodyear air springs brand in Europe and accelerates Infinity's geographic expansion into the EMEA aftermarket and OEM markets.

  • Buyer
    Swanson Industries, Inc., Turnspire Capital Partners LLC
    Target
    Off-Highway Business of TransAxle Holdings, LLC
    Seller
    TransAxle Holdings, LLC
    Type
    Addon

    Swanson Industries, a portfolio company of Turnspire Capital Partners, has acquired the Off-Highway Business of TransAxle Holdings, LLC. The acquired business — a U.S.-based remanufacturer of transmissions, differentials, hydraulics, axles and brake systems with locations in Pennsauken, New Jersey and Garner, North Carolina — will be rebranded as the Swanson Off-Highway division to expand Swanson's capabilities and service capacity in core end markets such as mining, construction and aerospace.

  • Buyer
    Turnspire Capital Partners LLC
    Target
    GHP Group Inc.
    Type
    Buyout

    Turnspire Capital Partners, through an affiliate, has acquired GHP Group Inc., a Niles, Illinois–based designer and supplier of outdoor living and indoor heating consumer products (brands include Dyna-Glo, Bond, Pleasant Hearth and Vitapur). Turnspire said it will support GHP with operational improvements, new product development and organic growth initiatives. Wilkie Farr & Gallagher acted as legal counsel and William Blair served as financial advisor to Turnspire.

  • Buyer
    Turnspire Capital Partners LLC
    Target
    Pharmachem Innovations, LLC
    Seller
    Ashland Inc.
    Industry
    Food & Beverage
    Type
    Buyout

    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.

  • Buyer
    Turnspire Capital Partners LLC (affiliate)
    Target
    Swanson Industries, Tiefenbach North America
    Type
    Buyout

    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.

  • Buyer
    Turnspire Capital Partners LLC
    Target
    USG Water Solutions, LLC
    Seller
    Veolia North America, Veolia Environnement S.A.
    Type
    Buyout

    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.

  • Buyer
    Turnspire Capital Partners LLC, Spectra Premium Mobility Solutions, LLC
    Target
    Spectra Premium Industries
    Industry
    Automotive
    Location
    Quebec, Canada
    Type
    Buyout

    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.

  • Buyer
    Turnspire Capital Partners LLC
    Target
    Daniel Measurement and Control
    Seller
    Emerson Electric Co.
    Industry
    Energy

    Turnspire Capital Partners has completed the acquisition of the Daniel Measurement and Control business from Emerson Electric. The transaction transfers Daniel's brand rights, facilities, intellectual property and personnel to Turnspire; the business is headquartered in Houston with a manufacturing facility in Chihuahua, Mexico, and Keith Barnard was appointed CEO to lead the standalone company as Turnspire invests in R&D and strategic growth initiatives.

  • Buyer
    Turnspire Capital Partners LLC, Infinity Engineered Products (affiliate of Turnspire)
    Target
    Goodyear Air Springs (STEMCO Air Springs)
    Seller
    EnPro Industries, Inc.
    Industry
    Manufacturing

    Turnspire Capital Partners, through its newly formed platform Infinity Engineered Products, has acquired the Goodyear Air Springs business (also referenced as the STEMCO Air Springs business) from EnPro Industries. The transaction ( ~$39.5 million per seller filing) transfers the global brand license, manufacturing facilities, IP, R&D center in Fairlawn, Ohio, and personnel to the Turnspire affiliate as the first acquisition for the Infinity platform.

  • Buyer
    Turnspire Capital Partners LLC
    Target
    MPI Holdings, LLC
    Industry
    Manufacturing
    Type
    Buyout

    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.

Related Acquisition Pages

Selling a company? Get in front of buyers like Turnspire Capital Partners

Turn tracked acquisition activity into an outreach-ready buyer list.