Ilya Koffman, Managing Partner of Turnspire, said, "Canada has always been a core market for Turnspire, and this acquisition is a perfect fit with our investment strategy. He will work closely with Spectra CEO Denis Chabot and the rest of the Company's management team to drive operational excellence and strategic growth. Gordon is a proven business leader with a successful track record in the automotive and consumer products industries. Turnspire also announced that Josh Gordon has joined Spectra as President and Chief Operating Officer. Spectra has more than 700 employees and operates manufacturing facilities in Boucherville and Quebec City, a network of distribution centers throughout the United States and Canada and a research and development facility in Taiwan.
Headquartered in Boucherville, Quebec, Spectra is a designer, manufacturer and distributor of thermal and fluid management products for the OEM and aftermarket automotive, heavy-duty truck and industrial segments. 16, 2021 /PRNewswire/ - Turnspire Capital Partners LLC ("Turnspire") announced today that a newly formed company, Spectra Premium Mobility Solutions, LLC ("Spectra" or the "Company") has completed the acquisition of the assets of Spectra Premium Industries pursuant to the Companies' Creditors Arrangement Act ("CCAA") proceedings with the Quebec Superior Court and pursuant to the Chapter 15 proceedings with the United States Bankruptcy Court for the District of Delaware. Turnspire Capital Partners Completes Acquisition of Spectra Premium
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