Turnspire Capital Partners LLC has hired Luis Mercader to the firm as director of operations and finance. 

Mercader will work closely with the Turnspire investment team to acquire middle market businesses. He will lead portfolio company onboarding and support management teams as they execute value enhancement initiatives.  In addition, Mercarder will oversee the build-out of Turnspire’s fund infrastructure and internal processes as the firm continues to grow. 

Turnspire managing partner Ilya Koffman said, “We have had the pleasure of getting to know Luis over many years, most recently through his work as an integral member of our investment team for Infinity Engineered Products and then as interim CFO post close.  Luis shares our values and our passion for building world-class, industry-leading companies and I am confident that he will be a tremendous addition to the Turnspire team as we scale our franchise.”

Turnspire Senior Advisor Stephen Hoey added, “Having helped build operations, finance and compliance functions at several successful private equity firms during my career, I am pleased that Ilya and Abel are taking a similarly systematic approach at Turnspire.  They have retained a talented executive in Luis to lead those functions and I look forward to sharing my experience to support him in his role.”

Prior to working with Turnspire, Luis was a principal consultant with Etonien LLC, where he led carveouts, post-acquisition integration, and interim CFO engagements.