Turnspire Capital Partners LLC signed a definitive agreement to acquire Daniel Measurement and Control Business of Emerson Electric Co. (NYSE:EMR) on July 12, 2021. The transaction includes all of Daniel's brand rights, facilities, intellectual property and personnel. The transaction is subject to customary closing conditions and approvals and is expected to close in the third quarter of 2021. Kelly W. Cline, Larry G. Halperin, Carson Klarck, Aaron M. Krieger, Eric R. Manor and Nicholas A. Whitney of Chapman and Cutler LLP acted as legal advisor for Turnspire. Bryan Cave Leighton Paisner LLP acted as legal advisor to Emerson Electric Co. (NYSE:EMR).

Turnspire Capital Partners LLC completed the acquisition of Daniel Measurement and Control Business of Emerson Electric Co. (NYSE:EMR) on September 1, 2021. Keith Barnard appointed as Chief Executive Officer of Daniel, effective immediately.