Minneapolis, MN, June 2014 – Spell Capital Mezzanine (“Spell”) is pleased to announce a successful exit from Northwire through a sale of the Company.
Northwire is a designer, manufacturer and contract service provider of custom technical products including wire and cable, retractile cords, cable assemblies, connectors, harnesses, injection molding, over-molding and contract engineering for diverse applications in life sciences, aerospace and defense, energy, industrial, architectural lighting, underwater and more. Engineering and manufacturing is conducted in Osceola, Wisconsin and Santa Teresa, New Mexico. A sales and design engineering center is based in Carson City, Nevada.
About Spell Capital Mezzanine
Spell Capital Mezzanine provides subordinated debt and non-control equity to businesses in a variety of industries across the United States. We finance leveraged acquisitions backed by lower middle-market private equity sponsors, management and family driven ownership transitions, add-on acquisitions, recapitalizations and growth initiatives.
For more information about this transaction, please contact Mark McDonald, Managing Director [email protected].
About Spell Capital Private Equity
Spell Capital Private Equity is engaged in the acquisition of controlling interests in well-managed, historically profitable industrial manufacturing businesses. We use our deep expertise in acquisitions and financing to collaborate with management and grow the businesses in which we invest – both internally and through add-on acquisitions.