Turnspire Capital Partners is a private investment firm based in New York, established in 2013. The firm specializes in acquiring high-quality businesses that are at critical strategic, operational, or financial junctures. Turnspire Capital focuses on sectors such as aerospace and defense, automotive, capital equipment, chemicals, consumer goods, construction materials, food and beverage, industrial equipment, logistics, metals and metal fabrication, paper and packaging, and plastics. The firm employs a hands-on, operationally focused approach to create value, collaborating with experienced operating executives to drive sustainable improvements in controllable costs, margins, and cash flow within its portfolio companies.
GHP Group, Inc. is a consumer goods company based in Niles, Illinois, that specializes in the manufacture of electric fireplaces, fireplace accessories, log sets, and various heating products. The company's product range includes wood-burning stoves, wall mounts, portable heating solutions, and gas grills, catering to a diverse market in North America. GHP Group distributes its products through home centers, hardware stores, and online retailers. Established in 2003, the company has positioned itself as a significant player in the heating and outdoor cooking sectors.
Pharmachem Laboratories
Acquisition in 2024
Pharmachem Laboratories, Inc., based in Kearny, New Jersey, specializes in the manufacture and distribution of custom and branded nutritional and nutraceutical ingredients for various industries, including natural health products, food and beverages, and flavors and fragrances. The company offers product development support and maintains pharmaceutical-grade clean rooms for personal care and cosmetic markets. Pharmachem develops and manufactures a range of extraction products, including botanical extracts and flavoring agents such as clary sage oil and ethyl vanillin glucoside. Additionally, the company produces dairy flavors for diverse applications, as well as growing and processing aloe vera products for the dietary supplement and cosmetic markets. Their services extend to research and development, custom manufacturing, and laboratory testing, encompassing processes like extraction, spray drying, and encapsulation. Founded in 1979, Pharmachem operates with a commitment to quality and innovation, leveraging its integrated divisions to provide versatility and value throughout the production process.
Ashland - Nutraceuticals Business
Acquisition in 2024
Ashland - Nutraceuticals Business is a provider of proprietary nutrition ingredients and custom formulation services.
USG Water Solutions
Acquisition in 2023
USG Water Solutions specializes in providing water asset management services tailored for municipal and private water companies, particularly focusing on small and medium public water utilities. The company offers comprehensive asset management programs for water and wastewater infrastructure, alongside maintenance services for critical components such as water storage tanks, pipe networks, and concrete structures within water and wastewater treatment facilities. By addressing challenges like inadequate mixing in storage tanks, low chlorine residual levels in distribution systems, and elevated disinfection byproduct levels, USG Water Solutions aims to enhance the efficiency and safety of water supply operations for its clients.
Spectra Premium Industries
Acquisition in 2021
Spectra Premium is a manufacturer and distributor of aftermarket and original equipment parts for both light and heavy vehicles. The company specializes in providing replacement parts for motor and recreational vehicles, as well as light and heavy-duty trucks. Its product offerings include cooling systems, fuel delivery components, ignition and engine management systems, and climate control solutions. By focusing on quality, Spectra Premium ensures that its products are rigorously tested for performance and durability, facilitating easy installation for clients. This commitment to quality supports sustainable mobility in the automotive industry.
Daniel Measurement and Control
Acquisition in 2021
Daniel Measurement and Control specializes in the manufacturing and supply of flow measurement products and systems for the oil and natural gas industries. The company provides a range of products including ultrasonic flow meters, orifice plates, fitting products, meter tubes, and measurement and control systems. These offerings are designed to serve the natural gas and refined hydrocarbon markets, ensuring access to diverse commercial equipment and supplies at competitive prices.
MPI Products
Acquisition in 2020
MPI Products is a manufacturer specializing in high-precision, fine-blanked metal components primarily for automotive and industrial applications. The company focuses on producing parts that are essential for powertrain, hydraulic, and propulsion systems in passenger cars and light trucks. Utilizing a fine blanking process, MPI delivers components that meet the stringent demands of mission-critical and safety-critical environments. In addition to metal stamping, the company offers value-added finishing and engineering support, ensuring that clients receive precise and reliable products tailored to their specific needs.
Crane Carrier Company
Acquisition in 2019
Crane Carrier Company specializes in the design, manufacture, and sale of heavy-duty, custom-built chassis for various vocational markets worldwide. Founded in 1946 and based in Tulsa, Oklahoma, with an additional office in New Philadelphia, Ohio, the company produces vehicles for waste collection, ready-mix concrete, material handling, logging, and oil well servicing, among others. Its product range includes over-the-road tractors, mobile drill-rig chassis, terminal tractors, and airport refueling vehicles, as well as chassis for construction and agricultural applications. Additionally, the company offers vehicles powered by compressed natural gas and provides related parts and services. Crane Carrier Company serves its customers through a network of sales representatives and dealers, and it operates as a subsidiary of Hines Corporation.
LMI Solutions
Private Equity Round in 2018
LMI Solutions is a manufacturer and distributor of premium aftermarket print consumables, including toner cartridges and related imaging supplies. Based in Phoenix, Arizona, the company serves over 600 Office Equipment Dealers, VARs, and Office Supply Retailers across North America. LMI is recognized for its reliability in delivering products on time and maintaining a strong manufacturer-dealer relationship that benefits end users with cost-effective, sustainable print solutions. The company offers a diverse range of over 1,000 SKUs, including both OEM and non-OEM options, with a focus on quality and satisfaction guarantees. LMI also provides private labeling and bar-code scanning for blind drop shipping, ensuring order accuracy for its dealers. Additionally, LMI supports Managed Print Services (MPS) dealers with the PageTrac Advantage, a comprehensive suite of tools and resources designed to enhance dealer success. The company is actively involved in the Managed Print ecosystem, sponsoring industry events and participating in charitable activities.
UPG International
Acquisition in 2016
United Plastics Group, Inc. is a precision injection-molding company specializing in the manufacturing of plastic components and assemblies for various industries, including data center, automotive, energy, healthcare, and industrial markets. Established in 1999 and headquartered in Houston, Texas, the company operates manufacturing facilities in Houston, Cardiff, Wales, and Suzhou, China. United Plastics Group offers a range of services, including design, prototyping, tooling design, and contract manufacturing, which allows it to deliver complex, value-added assemblies to its global clientele. Through its in-house design capabilities, the company has successfully expanded its product portfolio, positioning itself effectively to meet the diverse needs of its customers.
Banker Steel Company
Acquisition in 2014
Banker Steel Company is a full-service structural steel fabricator headquartered in Lynchburg, Virginia, with additional fabrication facilities in Orlando, Florida, and Plainfield, New Jersey. The company specializes in providing fabricated structural steel and erection services for the commercial construction market along the East Coast. Utilizing advanced robotic welding technology, Banker Steel enhances its production capabilities through 3D modeling, Building Information Modeling (BIM), and electronic drawing management. The company also offers design-assist services, ensuring efficient project execution and high-quality outcomes for its clients.
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