Minneapolis, MN, February 2014 – Spell Capital Mezzanine (“Spell”) is pleased to announce a $5.0 million subordinated debt and $.45 million preferred equity investment in Learn It Systems (“Learn It” or the “Company”) to support two add-on acquisitions. Learn It is owned by the founding CEO and equity sponsor Milestone Partners. Learn It, headquartered in Baltimore, MD,...Read More
Minneapolis, MN, October 2013 – Spell Capital Mezzanine (“Spell”) is pleased to announce a $7.0 million mezzanine and minority equityinvestment in Adler Hot Oil Service, LLC (“Adler” or the “Company”) to support a recapitalization of the Company led by Industrial Innovation Partners (“IIP”). Adler is a leading oilfield services company providing heating services for oil and gas well...Read More
Minneapolis, MN, August 2013 – Spell Capital Mezzanine (“Spell”) is pleased to announce a $2.5 million subordinated debt investment in Fiberstar, Inc. (“Fiberstar” or the “Company”). Proceeds will be used to fund the purchase of equipment that will increase the Company’s production capacity. Fiberstar is a global leader in the manufacture and marketing of innovative bio-ingredients from...Read More
Minneapolis, MN, July 2013 – Spell Capital Mezzanine (“Spell”) is pleased to announce a $4.0 million subordinated debt investment in Northwire, Inc. (“Northwire” or the “Company”) as part of a refinancing 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,...Read More
Minneapolis, MN, July 2013 – Spell Capital Mezzanine (“Spell”) is pleased to announce a $4.0 million investment in American Cylinder, Inc., (DBA “All Safe” or the “Company”) in support of a strategic financing of the Company. All Safe is a national distributor of compressed gas cylinders and valves; provides cylinder re-certification, refurbishment and recycling services; and provides...Read More
Minneapolis, MN, June 2013 – Spell Capital Mezzanine (“Spell”) is pleased to announce a $5.5 million investment in Sellars Absorbent Materials, Inc. (“Sellars” or the “Company” as part of a refinancing of the Company. Sellars is a growing manufacturer and marketer of disposable nonwoven dry wipes, towels, absorbents and other specialty nonwovenproducts primarily for the away-from-home...Read More
Spell Capital Mezzanine Partners will make Subordinated Debt and Minority Equity Investments in Lower Middle Market Companies Minneapolis, MN, January 7, 2013 – Spell Capital Partners, LLC (“Spell Capital”) today announced the launch of Spell Capital Mezzanine Partners, a new fund that will make subordinated debt and minority equity investments in lower middle market companies.Spell Capital Mezzanine...Read More
