INVESTOR LOGIN OVERVIEW INVESTMENT STRATEGY TEAM EXECUTIVE IN RESIDENCE OPERATOR NETWORK PORTFOLIO NEWS CONTACT Turnspire Capital Partners Acquires United Plastics Group New York, NY – Turnspire Capital Partners LLC (“Turnspire”) 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. UPG products are sold to over 40 global blue chip customers and the company has developed a strong market position based on its technical expertise combined with unparalleled quality, delivery and service levels. UPG operates three world-class manufacturing facilities – in Houston, Texas; Cardiff, Wales; and Suzhou, China – that offer a complete range of capabilities, including product design, engineering, rapid prototyping, and plastic injection molding, along with a suite of other technology platforms, value added assembly and global supply chain management. Turnspire Managing Partner Ilya Koffman said, “We are thrilled to acquire UPG, which is an ideal fit with our strategy of investing in market-leading industrial companies that can benefit from our hands-on operationally-focused approach. As a non-core division of MedPlast, UPG has maintained strong customer relationships, excelled operationally and delivered excellent financial results. As an independent company under Turnspire ownership, UPG can build on that foundation, with renewed focus and greater resources. We intend to continue growing the UPG business, both organically and through select acquisitions, and we look forward to working with the talented management and employees of UPG to take the business to new heights.” "Turnspire was attracted to UPG’s global footprint, longstanding reputation for quality and the mission-critical nature of many of its products for its customers,” added Turnspire Operating Partner Neil J. Minihane. “As a strategic, hands-on owner, we are excited to capitalize on the tremendous opportunities to leverage UPG’s core competencies to further improve operational performance and penetrate new customers and new markets.” Chapman & Cutler LLP served as legal counsel to Turnspire on the UPG acquisition. 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 Recent News Turnspire Capital Partners Completes Acquisition of Spectra Premium Turnspire Capital Partners To Acquire Spectra Premium Industries Turnspire Completes Acquisition of the Daniel Measurement and Control Business of EMerson electric Turnspire Announces Successful Recapitalization of UPG Turnspire Expands Team with Addition of Luis Mercader as Director of Operations and finance Turnspire Capital Partners Agrees to Acquire the Daniel Measurement & Control Business of EmersoN Turnspire Capital Partners Sells Crane Carrier Company To Battle Motors Turnspire Capital Partners Completes Acquisition of Goodyear® Air Springs Turnspire Capital Partners Agrees To Acquire Goodyear® Air Springs from EnPro Industries Turnspire Acquires MPI Products; Trevor Myers Named President & CEO Archive November 2021 (1) 1 post September 2021 (2) 2 posts July 2021 (3) 3 posts March 2021 (1) 1 post November 2020 (1) 1 post August 2020 (1) 1 post January 2020 (1) 1 post November 2019 (1) 1 post September 2019 (1) 1 post January 2019 (1) 1 post September 2018 (1) 1 post August 2018 (1) 1 post April 2018 (1) 1 post November 2017 (1) 1 post February 2017 (1) 1 post July 2016 (1) 1 post June 2016 (1) 1 post December 2014 (1) 1 post July 2014 (1) 1 post 575 Madison Ave | Suite 1006, New York, NY 10022 info@turnspirecap.com | 212-605-0271 © 2021 Turnspire Capital Partners. Print Firm Overview