New York (November 12, 2025) —- The LifeLine Group (“LifeLine”) today announced its launch as a leading independent producer of corn-based food ingredients, renewable fuels, and related coproducts. The launch of Lifeline follows the acquisition of LifeLine Foods and ICM Biofuels by an affiliate of Turnspire Capital Partners LLC (“Turnspire”) in partnership with AgraMarke Quality Grains, Inc. (“AgraMarke”). Headquartered in St. Joseph, Missouri, LifeLine produces a diverse portfolio of products spanning food-grade masa and cornmeal, ethanol and related coproducts, and other value-added corn-derived ingredients. The company serves customers across the food, beverage, and renewable energy sectors, maintaining a longstanding commitment to quality, safety, and sustainability.
LifeLine also announced that Jeremy Bezdek has been appointed Chief Executive Officer to lead the company into its next phase of growth and innovation. Mr. Bezdek is an accomplished executive with several decades of experience across energy and ingredients businesses. He spent over 26 years at Koch Industries in a variety of roles, including leading the growth of Flint Hills Resources’ biofuels business, where he oversaw significant organic and inorganic growth initiatives prior to the division’s acquisition by POET. Mr. Bezdek also served as a Managing Director within Koch Industries’ investment arm.
“LifeLine will continue to be defined by its people, its partnerships, and its Midwestern roots,” said Jeremy Bezdek. “As we begin this new chapter, we are focused on growing responsibly – investing in our facilities, empowering our workforce, and working hand-in-hand with our farmers, customers, and community partners to build a stronger, more resilient corn products platform.”
“The LifeLine Group represents the best of American manufacturing and collaboration,” added Abel S. Osorio, Partner at Turnspire Capital Partners. “Under Jeremy’s leadership, we are confident in our ability to strengthen LifeLine’s position in food and renewable fuels while honoring its deep relationships with growers, employees, and customers. This next chapter is about growth with purpose, integration with integrity, and innovation with accountability.”
“AgraMarke has been part of LifeLine’s story since its founding in 2001, and we are proud to continue that partnership,” added Chuck Bebermeyer, President of AgraMarke. “We believe The LifeLine Group is well-positioned to build on the food business’s legacy as a trusted processor, partner, and employer, and we look forward to supporting its continued success.”
Portage Point Partners served as financial advisor to LifeLine Foods and ICM Biofuels. Chemlink Partners served as financial advisor, and Freshfields LLP served as legal counsel to Turnspire in the transaction.
About The LifeLine Group
The LifeLine Group is a leading U.S. manufacturer of corn-based products that serve the food and beverage, biofuels, and building products industries. Headquartered in St. Joseph, Missouri, LifeLine operates two complementary divisions: LifeLine Foods, which produces food-grade corn ingredients for leading consumer brands, and LifeLine Biofuels, which leverages starch byproducts from the food business to produce renewable fuels and other value-added coproducts with a reduced carbon footprint. Together, the divisions form an integrated platform focused on quality, innovation, and sustainability. For additional information, please visit www.lifeline-group.com.
About Turnspire Capital Partners
Turnspire Capital Partners invests in high-quality businesses that have reached strategic, financial or operational inflection points and stand to benefit from our hands-on, operationally focused approach. Turnspire’s investment philosophy is predicated on creating value through operational improvements rather than through financial leverage. Turnspire strives to make each of its portfolio companies best-in-class in their respective industry niche, and then to grow the businesses through organic initiatives or strategic acquisitions. For additional information, please visit www.turnspirecap.com.
About AgraMarke Quality Grains
AgraMarke Quality Grains is a Missouri cooperative of over 600 progressive farmers who deliver corn daily to The LifeLine Group for further processing into food ingredients, ethanol, and related coproducts. AgraMarke founded LifeLine in 2001, and its members serve as value-added partners to the business. www.aqgproducers.com/