New York, NY – Turnspire Capital Partners LLC (“Turnspire”) announced that an affiliate has sold its ownership stake in Banker Steel Co. L.L.C. (“Banker Steel”) to an affiliate of Atlas Holdings, LLC (“Atlas”), Turnspire’s partner for the 2014 acquisition of Banker Steel.
Turnspire Capital Partners Announces Additions to Team7/27/2016
New York, NY – Turnspire Capital Partners is pleased to announce two key additions to the Turnspire team. Abel S. Osorio has joined as a Principal and Maurice W. Murphy has joined as an Operating Partner.
Turnspire Capital Partners Acquires United Plastics Group6/9/2016
New York, NY – Turnspire Capital Partners announced today that, through a newly formed affiliate, it has acquired the business of United Plastics Group, Inc. (“UPG”) from MedPlast, Inc. UPG is a global manufacturer of complex assembled components and finished products serving the datacenter, automotive, energy and industrial markets.
Turnspire Capital Partners Announces New Operating Partners12/11/2014
New York, NY – Turnspire Capital Partners is pleased to announce four operating partners – Joseph Bondi, Mark Borseth, Neil Minihane and Val Shtraks – who bring extensive operational and sector expertise relevant to Turnspire’s strategy of investing in special situations in the broader manufacturing space. The operating partners will be involved in many critical elements of the investment lifecycle, ranging from due diligence, to working with portfolio companies to identify and implement operational enhancements, to advising on strategic growth initiatives.
Turnspire Capital Partners and Atlas Holdings LLC Partner with Founder Don Banker to Acquire Banker Steel7/31/2014
New York, NY – Turnspire Capital Partners LLC, together with Atlas Holdings LLC (through its operating company, Bridge Fabrication Holdings LLC), today announced they have partnered with Don Banker to acquire Banker Steel Co. L.L.C., a structural steel fabrication business based in Lynchburg, VA. Don Banker will continue as the company’s Chief Executive Officer and will retain a significant ownership interest. Further terms of the transaction were not disclosed.