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Morningside Group, a enterprise consulting agency primarily based in Beachwood, a suburb of Cleveland, OH, was fashioned.

Founders Mark Sponseller and Ansir Junaid consider the boutique of finance, operations and IT consulting will supply a differentiated providing from bigger consulting teams.

“Morningside Group’s purpose is to supply another expertise for purchasers and professionals alike. One the place individuals love what they do, are motivated and happy with what they obtain collectively,” mentioned Sponseller, a former managing director of Alvarez & Marsal who will function Morningside’s CEO and managing director. “By leveraging smaller groups with distinctive experiences, Morningside Group will have the ability to supply our purchasers unparalleled service at aggressive costs.”

The brand new consulting agency’s crew of pros and out of doors contractors have expertise in consulting and operational roles and trade experience in manufacturing, distribution, power, infrastructure, retail and client items. The agency will serve company and personal fairness purchasers with recommendation on mergers and acquisitions, refinancing and recapitalization, efficiency enchancment, and disaster and alter administration.

Sponseller has greater than 25 years of expertise in consulting and monetary administration positions. He spent the final yr as Chief Integration Officer at 48forty Options, the biggest pallet administration companies firm in North America. Previous to that, he spent 5 years as CFO at Prime360 (previously Prime Woodcraft), a pallet administration firm that was acquired by 48forty final yr.

Previous to that, he spent 9 years at Alvarez & Marsal, the place he was a managing director within the transaction advisory group. Previous to that, he labored for PwC for eight years, most not too long ago as a accomplice within the Transaction Providers division. Sponseller started his profession at Deloitte the place he spent 4 years within the assurance and transactions trade.

Ansir Junaid is Founder, Chairman and CEO of the SupplySide group of firms, which incorporates a number of firms targeted on the distribution of transport and packaging supplies, signage and PPE. The group additionally consists of actual property funding companies and the previous firm Prime360.

Junaid has led SupplySide Group – not too long ago named certainly one of Crain’s 52 quickest rising firms in Northeast Ohio – since 1997.

“At Morningside, we search to leverage the perfect practices and methods that our professionals have realized all through their careers on each the principal and agent sides of the home,” Junaid mentioned. “We consider this permits the creation of significant insights and impactful execution for our purchasers in an accelerated timeframe.”