Minneapolis, MN, March 2021 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in Solar Light Company and Optronic Laboratories (“Solar Light”) to support the buyout of Solar Light by Ardent Investors.
Solar Light, headquartered in Glenside, PA (near Philadelphia), is the dominant global manufacturer for devices that measure light and solar radiation for consumer, research, and laboratory applications. Solar Light’s instruments are used in a variety of applications including sunscreen testing, light measurement for avionics, and materials testing.
Spell Capital Mezzanine has significant capital available and is actively seeking new investment opportunities.
For more information regarding this transaction or Spell Capital Mezzanine, please contact Mark McDonald, Senior Managing Director, at [email protected].