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

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

“Morningside Group’s purpose is to supply an alternate expertise for purchasers and professionals alike. One the place folks love what they do, are motivated and take pleasure in what they obtain collectively,” stated 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 staff of execs and outdoors contractors have expertise in consulting and operational roles and business experience in manufacturing, distribution, vitality, 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 most important 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 lately as a associate within the Transaction Providers division. Sponseller started his profession at Deloitte the place he spent 4 years within the assurance and transactions business.

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

Junaid has led SupplySide Group – lately named considered one of Crain’s 52 quickest rising corporations in Northeast Ohio – since 1997.

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