Turnspire Capital Partners Announces Additions to Team

New York, NY (7/27/2016) – 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.

Abel joins Turnspire with over 10 years of experience, most recently as a co-founder of Montserrat Capital Management, a value-oriented investment partnership focused on event-driven and special situations opportunities. Prior to Montserrat, he was a Vice President at Battery Ventures where he sourced, structured and led the execution of leveraged buyouts in North America and Europe. He started his career in private equity as an Associate at H.I.G. Capital after working as an investment banker for Thomas Weisel Partners. Abel received an MBA with honors from The Wharton School and a BA from New York University, where he graduated magna cum laude and was elected to Phi Beta Kappa.

Maurice is a global manufacturing executive with over 30 years of experience. He is currently Chairman of Avkem International, a supplier of chemicals and equipment for the metals industry. Additionally, as the founder of MWM Global Partners, Maurice has completed numerous turnaround, acquisition, integration, carve-out and sale projects in sectors including engineered products, chemicals and basic materials. Prior to MWM, Maurice was the CEO of PPC Insulators, a global manufacturer of high-voltage insulators with manufacturing operations in eight countries. Earlier in his career, Maurice spent 15 years at Morgan Crucible. He received his BS in Engineering from Queen’s University in Kingston, Canada and completed a program on International Management at IMD in Lausanne, Switzerland.

“We are thrilled to welcome Abel and Maurice to Turnspire,” said Managing Partner Ilya Koffman. “Both were closely involved in our recent acquisition of United Plastics Group and will bring invaluable experience to the Turnspire portfolio and to future investments. With our growing team, we look forward to continuing to execute the Turnspire strategy of acquiring high-quality companies, both healthy and distressed, with significant opportunities to create value through operational improvements.”

About Turnspire Capital Partners
Turnspire Capital Partners invests in high-quality businesses that have reached strategic, financial or operational inflection points and stand to benefit from our hands-on, operationally focused approach. Turnspire’s investment philosophy is predicated on creating value through operational improvements rather than through financial leverage. Turnspire strives to make each of its companies best-in-class in their respective industry niche, and then to grow the businesses through organic initiatives or strategic acquisitions. For additional information, please visit www.turnspirecap.com.

CONTACT:
Mark Semer
Kekst
212-521-4802