Houlihan Lokey Advises MPI Products Holdings

Houlihan Lokey is pleased to announce that it advised MPI Products Holdings, LLC (MPI) on its sale to Turnspire Capital Partners LLC (Turnspire). The transaction closed on January 15, 2020.

Founded in 1969, MPI is North America’s leading Tier-1 supplier of high-precision, fineblanked metal components, and is a leader in safety and mission-critical automotive and industrial parts. Across five strategically located plants in the U.S. and Mexico, MPI’s product portfolio is comprised of highly engineered metal components with unparalleled dimensional accuracy and dependability in critical applications. MPI’s automotive customers include several large original equipment manufacturers and global Tier-1 automotive suppliers.

Turnspire invests in high-quality businesses that have reached strategic, financial, or operational inflection points and stand to benefit from the company's 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 niches, and then to grow the businesses through organic initiatives or strategic acquisitions.

Houlihan Lokey served as the exclusive financial advisor to MPI and assisted in initiating, structuring, and negotiating the transaction on the company’s behalf. This transaction underscores Houlihan Lokey’s long-standing reputation and credentials as a premier advisor to the world’s leading automotive companies.