Turning Rock Partners

Turning Rock Partners, L.P. is a private equity firm based in New York, established in 2017. The firm specializes in providing equity and debt financing to small and mid-cap companies across North America. With a focus on special situations, lower-middle market businesses, and targeted acquisitions, Turning Rock seeks to invest in companies with an enterprise value of less than $1 billion and EBITDA between $5 million and $25 million. The firm aims for a long-term investment horizon of 2-5 years, targeting transactions valued at $10 million to $50 million, often seeking discounts of 30% to 50% to asset value. As a minority and women-owned business enterprise, Turning Rock is positioned to navigate market volatility and capitalize on credit cycle dynamics within the sponsor-backed market.

Erin Andrew

Senior Managing Director

Maggie Arvedlund

CEO and Managing Partner

Vincent Forni

Senior Associate

Akshay Joshi

Principal

Sophia Lee

Associate

David Markus

Partner

Samantha Papir

Senior Vice President

Fred Schweinfurth

Associate

Varsha Tallapaka

Senior Associate

4 past transactions

Medshift

Debt Financing in 2023
Doctors today face a growing array of problems. Most are burdened by significant debt, high overhead and operational management, making it difficult to focus on their craft – helping patients – and to enjoy a commensurate profit. MedShift was founded in 2015 to solve these problems and more, by providing bundled subscription services. We enable physicians and surgeons to get the latest equipment and technology, which they need to remain competitive and attract new business. We streamline their operations by handling rote, periphery tasks such as web development, patient education, device manufacturer relations, marketing, procedural analytics and more. We develop and deploy technology platforms for both device manufacturers and physicians directly which bring value by improving efficiency, enabling real time data access, and improving agility and profitability.

Medshift

Series B in 2023
Doctors today face a growing array of problems. Most are burdened by significant debt, high overhead and operational management, making it difficult to focus on their craft – helping patients – and to enjoy a commensurate profit. MedShift was founded in 2015 to solve these problems and more, by providing bundled subscription services. We enable physicians and surgeons to get the latest equipment and technology, which they need to remain competitive and attract new business. We streamline their operations by handling rote, periphery tasks such as web development, patient education, device manufacturer relations, marketing, procedural analytics and more. We develop and deploy technology platforms for both device manufacturers and physicians directly which bring value by improving efficiency, enabling real time data access, and improving agility and profitability.

Maximum Games

Debt Financing in 2023
Maximum Games, LLC publishes entertainment software. The company delivers cross-generational console and digital titles that span the genre spectrum from action, sports, and FPS to family-friendly puzzle games, mysteries, and arcade games. Its platforms include PlayStation, Xbox, Kinect, Nintendo, personal computers, IOS, and Droid devices. The company sells its products through stores in the United States and internationally. Maximum Games, LLC was founded in 2009 and is based in Walnut Creek, California.

Next Level Aviation

Venture Round in 2020
Next Level Aviation is an aviation asset trading firm based in Sunrise, Florida, established in 2013. The company specializes in the distribution of quick engine change (QEC) and airframe rotable materials for modern aircraft. Its offerings include whole auxiliary power units (APUs) and associated line replaceable units (LRUs). Additionally, Next Level Aviation provides services such as component lease pooling, heavy maintenance management, and repair management. These services aim to enhance the efficiency and reliability of aviation businesses by supporting their in-house purchasing and repair processes.
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