Turnspire Capital Partners has acquired GHP Group Inc., a leader in consumer outdoor living and heating products, set to enhance its market presence through operational improvements and new product development.

Target Information

Turnspire Capital Partners LLC announced the acquisition of GHP Group Inc., a leading designer and provider of consumer outdoor living and indoor heating products. GHP Group, headquartered in Niles, Illinois, offers a diverse range of products including patio heaters, fireplaces, portable heating devices, barbecue grills, and water dispensers. The company is known for its strong brand portfolio, which includes well-recognized names such as Dyna-Glo, Bond, Pleasant Hearth, and Vitapur.

As a category leader, GHP excels in product development, program execution, and supply chain management. Their commitment to delivering high-quality products stems from a focus on innovative design and functionality. GHP boasts an extensive customer base, which includes major home centers, hardware stores, and online retailers, solidifying its strong presence in the marketplace.

Industry Overview

The outdoor living and heating products industry in the United States showcases robust growth, driven by increasing consumer interest in home improvement and outdoor recreation. The demand for outdoor products has surged due