News

The Latest on NorthCoast Mezzanine's Investments

NorthCoast was previously a division of Spell Capital Partners and continues to manage the Spell Capital Mezzanine funds.
2026 Mid-Year Review We’ve had an active start to the year, headlined by receiving our SBIC license for Fund IV, alongside continued fundraising, multiple new platform investments, follow-on investments, successful realizations, and continued growth in our team. NorthCoast Mezzanine Welcomes Burke Anderson to the Team NorthCoast is pleased to announce that Burke Anderson joined the firm in April 2026 as a Controller to support the...
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Minneapolis, MN, June 2026 –– NorthCoast is pleased to announce a subordinated debt and equity co-investment to support ShoreView Industries’ acquisition of VanZandt Controls/Eagle Automation (“VZE”). VZE, headquartered in Fort Worth, TX, is a lifecycle provider of products, solutions, and services to oil & gas and industrial-process end markets. For more information regarding the transaction and NorthCoast, please contact Alex Travis, Managing Director, at alex@northcoastmezz.com.
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Minneapolis, MN, April 2026 – NorthCoast is pleased to announce that Burke Anderson joined the firm in April 2026 as a Controller to support the continued growth of the business. Burke is responsible for fund accounting, financial reporting, and operations across NorthCoast’s investment funds and management company. He has nearly a decade of experience serving asset management clients across private credit, private equity, real estate,...
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Minneapolis, MN, April 2026 –– NorthCoast is pleased to announce a subordinated debt and equity co-investment to support the acquisition of Holiday House Distributing (“Holiday House”). Holiday House, founded in 1991 and headquartered in Land O’ Lakes, FL, is a leading national distributor of parts, equipment, and consumables for the office coffee service (OCS) industry. For more information regarding the transaction and NorthCoast, please contact...
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Minneapolis, MN, April 2026 –– NorthCoast is pleased to announce a subordinated debt and equity co-investment in Summit Drilling (“Summit”) to support the add-on acquisition of Preferred Drilling Solutions. Summit, headquartered in Bridgewater, NJ, provides environmental drilling, geophysics, and remediation services across the Eastern US.For more information regarding the transaction and NorthCoast, please contact Ryan McKinney, Partner, at ryan@northcoastmezz.com. 
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