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Cleveland enterprise consultancy Morningside Group launches

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 aim is to supply an alternate expertise for shoppers and professionals alike. One the place folks love what they do, are motivated and pleased with 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 be capable of supply our shoppers unparalleled service at aggressive costs.”

The brand new consulting agency’s workforce of pros and outdoors 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 shoppers 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 12 months 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 12 months.

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 associate within the Transaction Companies 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 delivery 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 one among Crain’s 52 quickest rising firms in Northeast Ohio – since 1997.

“At Morningside, we search to leverage the very best practices and strategies 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 shoppers in an accelerated timeframe.”