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Configure was a valued advisor throughout the process and was instrumental in executing the financing.

- Abel Osorio
Partner at Turnspire

Configure Partners Advises Turnspire on its Acquisition Financing for Daniel Industries

 

Atlanta, GA — Configure Partners, LLC (“Configure”), a leading middle-market investment bank, is pleased to announce its role as exclusive financing advisor and investment banker to Turnspire Capital Partners (“Turnspire”) in securing committed debt capital to support Turnspire’s acquisition of Daniel Industries (“Daniel”), a global leader providing flow and energy measurement technologies and services to the natural gas and refined hydrocarbon industries, from Emerson Electric Co. (NYSE: EMR).

Configure leveraged its credit experience and deep relationships to secure a great outcome with our lending partners,” said Abel Osorio, Partner at Turnspire. “Configure was a valued advisor throughout the process and was instrumental in executing the financing.”

Doug Clarida, Managing Director of Configure, commented, “We are pleased to have worked with the Turnspire team on another successful financing. Turnspire’s carve-out expertise, operational focus and track record of manufacturing excellence make them the perfect partner for Daniel.”

About Turnspire Capital Partners (turnspirecap.com)

Turnspire Capital Partners invests in high-quality businesses that have reached strategic, financial or operational inflection points and stand to benefit from its 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 its respective industry niche, and subsequently to grow the businesses through organic initiatives or strategic acquisitions.

About Configure Partners (configurepartners.com)

Configure Partners is a preeminent credit-oriented middle market advisory boutique headquartered in Atlanta. The firm provides investment banking and financial advisory services surrounding credit and creditor’s rights, providing actionable advice and results-oriented execution. Configure’s Debt Placement practice designs bespoke financing solutions for borrowers to support leveraged buyouts, acquisitions, and dividend recaps, among other strategic objectives. The firm’s Credit Resolutions practice is the trusted advisor to lenders and their borrowers when confronting business, liquidity, or capital structure challenges.