- Jul 28, 2021
Turnspire Announces Successful Recapitalization of UPG
New York, NY – Turnspire Capital Partners LLC (“Turnspire”) is pleased to announce that its portfolio company UPG Company LLC (“UPG”) has completed a successful recapitalization. The proceeds are being used to repay UPG’s prior domestic debt, provide resources for ongoing investments in product expansion and growth in all of UPG’s geographic and end-markets, and fund a cash distribution to shareholders. Since carving out UPG from MedPlast, Inc. in 2016, Turnspire and managem
- Jul 20, 2021
Turnspire Expands Team with Addition of Luis Mercader as Director of Operations and finance
New York, NY – Turnspire Capital Partners LLC is pleased to announce that Luis A. Mercader has joined the firm as Director of Operations and Finance. Luis will work closely with the Turnspire investment team to acquire middle market businesses that can benefit from Turnspire’s deep financial and operational expertise. He will lead portfolio company onboarding and support management teams as they execute significant value enhancement initiatives. In addition, Luis will overse
- Jul 12, 2021
Turnspire Capital Partners Agrees to Acquire the Daniel Measurement & Control Business of EmersoN
New York, NY – Turnspire Capital Partners LLC (“Turnspire”) announced today that an affiliate has signed a definitive agreement to acquire the Daniel Measurement and Control business (“Daniel” or the “Company”) from Emerson Electric Co. (NYSE: EMR). Headquartered in Houston with a state of the art, strategically located manufacturing facility in Chihuahua, Mexico, Daniel is a global leader providing flow and energy measurement technologies and services to the natural gas and