Minneapolis, MN, August 2019 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in Denali Communications (“Denali”) to support its acquisition of Brandywine.
Denali, a portfolio company of Cache Creek Industries and headquartered in Longmont, CO, is a manufacturer of ruggedized electronic components and communications equipment to military and aerospace customers. Brandywine, headquartered in Tustine, CA, manufactures precision time and frequency measurement devices.
Spell Capital Mezzanine has significant capital available and is actively seeking new investment opportunities.