An affiliate of private equity firm Turnspire Capital Partners (Turnspire), has acquired GHP Group Inc (GHP), a designer and supplier of consumer outdoor living and indoor heating products, including patio heaters, barbecue grills and water dispensers.
GHP supplies products through a portfolio of well-recognised brands, including Dyna-Glo, Bond, Pleasant Hearth, and Vitapur. The firm’s extensive customer base comprises major home centres, hardware stores, and online retailers.
Wilkie Farr & Gallagher LLP acted as legal counsel and William Blair & Company LLC acted as financial advisor to Turnspire.