Turnspire Capital Partners completed the acquisition of Swanson Industries.

Turnspire Capital Partners, a private equity firm, completed the acquisition of Swanson Industries, a provider of manufacturing, remanufacturing, repair, and distribution services of mining equipment, hydraulic cylinders, and related industrial equipment. Financial terms were not disclosed. “Turnspire’s investment in Swanson is a significant step forward that positions our business for strategic growth. Our entire team is excited to collaborate with Turnspire, which has a long and consistent track record of operational excellence. Together with Turnspire, we will execute a strategic plan that builds on our market leading positions through growth, innovation, and product development, benefitting our customers, suppliers, and employees,” Steve Sangalli, Swanson CEO.