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Turnspire Capital Partners’ Acquisition

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Turnspire Capital Partners LLC has completed its previously announced acquisition of the Daniel Measurement and Control business from Emerson Electric Co. Turnspire said it is also pleased to announce the appointment of Keith Barnard as CEO of Daniel, effective immediately.

Headquartered in Houston with a state-of-the-art, strategically located manufacturing facility in Chihuahua, Mexico, Daniel is a global leader in providing flow and energy measurement technologies and services to the natural gas and refined hydrocarbon industries.

With an 85-year heritage as the preeminent supplier of engineered solutions for flow measurement in custody transfer applications, Daniel is the most trusted brand for customers across the energy and hydrocarbon supply chain.

The transaction includes all of Daniel’s brand rights, facilities, intellectual property and personnel.  Emerson’s fiscal and custody transfer systems business, including its ultrasonic flowmeter business, is not included in the transaction.

Barnard is a proven executive with a demonstrated track record of success over twenty-five years in the global energy flow control instrumentation industry. He most recently served as senior vice president, north america operations at Weatherford International. He previously served in a variety of executive positions at Forum Energy Technologies, Halliburton, Flowserve Corporation, and Dresser Industries.

For more information visit www.turnspirecap.com

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