Turnspire Capital Partners (Turnspire), a special situations-focussed private equity firm, has appointed Trevor Myers as an Executive in Residence. Myers will work with the Turnspire team to identify and pursue new platform acquisitions.
Myers has a successful track record working with automotive OEM and aftermarket sales channels and customers, including both the Detroit Three and New Domestics. In addition, he has substantial experience managing global supply chains and manufacturing operations, including gear manufacturing and powdered metal.
As President and CEO of Cloyes Gear and Products, Myers drove domestic and international growth, customer diversification and substantial operational improvements, and achieved record revenue and EBITDA. Myers was a member of the Board of Directors of Cloyes, HHI Holdings, Automotive Aftermarket Suppliers Association, National Engine Parts Manufacturers Association, and NAPA Supplier Council.
Further, his experience includes many years of successful collaboration with private equity firms including KPS Capital Partners and American Securities, which owned companies that Myers led.
“We are excited to team up with a world-class executive like Trevor, whose prior CEO achievements I had the privilege of seeing first-hand over many years,” says Turnspire Managing Partner Ilya Koffman. “We are actively searching for a platform investment to pursue together that will benefit from Trevor’s deep domain expertise and operational acumen, resulting in transformational improvements.”
Myers added, “Turnspire’s focus on complex and challenging situations is a perfect fit with my experience and interests. We believe there is tremendous opportunity to bring best-in-class management to specialty manufacturers in the lower-middle-market. I look forward to finding and executing an attractive investment in partnership with Turnspire, to create significant value through sustainable strategic and operational improvements.”
