Phoenix, AZ AUGUST 22, 2018 – LMI SOLUTIONS an award-winning Managed Print Services Infrastructure provider, announced today that Turnspire Capital Partners has made a strategic investment in LMI that further positions the Company for long-term success in the marketplace. Turnspire is an investment firm with substantial operational competencies and an extensive network of strategic resources.
This new partnership enables LMI to accelerate its expansion and investments in manufacturing high-quality products for its vast network of dealers in North America. In addition, the partnership further solidifies LMI’s position as the leading provider of MPS Infrastructure (tools, resources, software and solutions) enabling dealers to successfully sell and operationalize services-based selling models.
LMI also expects that this strategic partnership will enable it to participate in the consolidation of the market over the coming months and years. LMI and Turnspire believe that strategic investments and acquisitions can drive increased breadth and depth of products and services that enhance LMI’s dealers’ long-term success and growth in the printing and imaging industry.
Turnspire Capital Partners invests in high-quality businesses that have reached strategic, financial or operational inflection points and stand to benefit from our 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 niche, and then to grow the businesses through organic initiatives or strategic acquisitions.