Configure’s deep credit expertise helped us identify the right financing structure to support LifeLine’s next stage of growth. Their role in structuring the solution and driving an efficient process was key to ensuring a smooth and timely closing.
Configure Partners Advises Turnspire Capital Partners on its Acquisition Financing for The LifeLine Group
Atlanta, GA — Configure Partners, an investment banking platform specializing in debt placement and credit advisory services, announced today its role as exclusive financing advisor to Turnspire Capital Partners in securing committed debt capital to support the firm’s acquisition of LifeLine Foods, LLC, and ICM Biofuels LLC.
The operations will be combined under The LifeLine Group (LifeLine), with the food business continuing to operate as LifeLine Foods, and the biofuels business being rebranded as LifeLine Biofuels.
Headquartered in St. Joseph, Missouri, Lifeline Foods is a leading manufacturer of corn-based products – cornstarch, masa, and other ingredients – serving a diverse array of customers in the food and beverage and building products markets. LifeLine Biofuels leverages a starch stream from the food business to produce renewable fuels and other value-added products with a lower carbon intensity, creating synergies that enhance efficiency and sustainability across the platform.
Configure supported all aspects of the financing process, including lender screening, approach to market, transaction structuring, and advising on financing-related documentation.
“Configure’s deep credit expertise helped us identify the right financing structure to support LifeLine’s next stage of growth,” said Turnspire Principal Ahdiv Nathan. “Their role in structuring the solution and driving an efficient process was key to ensuring a smooth and timely closing.”
“We are pleased to have partnered with the Turnspire team in securing capital to support their acquisition of LifeLine,” said Configure Managing Director Mike Garvin. “With a strong operating foundation across both the food and biofuels businesses and a capital structure aligned with its strategy, LifeLine is well-positioned for its next stage of growth.”
“With a strong operating foundation across both the food and biofuels businesses and a capital structure aligned with its strategy, LifeLine is well-positioned for its next stage of growth.”
About The LifeLine Group (www.lifeline-group.com)
The LifeLine Group is a leading U.S. manufacturer of corn-based products that serve the food and beverage, biofuels, and building products industries. Headquartered in St. Joseph, Missouri, LifeLine operates two complementary divisions: LifeLine Foods, which produces food-grade corn ingredients for leading consumer brands, and LifeLine Biofuels, which leverages starch byproducts from the food business to produce renewable fuels and other value-added coproducts with a reduced carbon footprint. Together, the divisions form an integrated platform focused on quality, innovation, and sustainability.
About Turnspire Capital Partners (www.turnspirecap.com)
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 portfolio companies best-in-class in their respective industry niche and then to grow the businesses through organic initiatives or strategic acquisitions.
About Configure Partners (www.configurepartners.com)
Configure Partners is a preeminent credit-oriented investment bank headquartered in Atlanta. The firm specializes in debt placement, special situations, and M&A advisory, providing superior client service and execution to private equity sponsors in acquisition finance, refinancing, and dividend recapitalization transactions. The firm’s credit resolution and special situations practice is the trusted advisor for stakeholders confronting capital structure challenges. Our people-smart team of bankers differentiates through real-time knowledge of the debt capital markets and becomes a true extension of our clients’ teams, delivering unmatched results and an exceptional client experience.
Deal Team
