Minneapolis, MN, October 2020 – Spell Capital Mezzanine is pleased to announce a subordinated debt investment in Slappey Communications (“Slappey”) to support add-on acquisitions.Slappey, a portfolio company of Baymark Capital and headquartered in Birmingham, AL provides IT outsourcing solutions for commercial customer’s voice, data, and networking needs.Read More
Minneapolis, MN, September 2020 – Spell Capital Mezzanine is pleased to announce a subordinated debt investment in Supply Chain Services (“SCS”) to support its acquisition of Miles Data.SCS, a portfolio company of Sole Source Capital and headquartered in Oakdale, MN, provides hardware and technology used for automation and data collection within its customers’ logistics and distribution...Read More
Minneapolis, MN, August 2020 – Spell Capital Mezzanine is pleased to announce a subordinated debt investment in Full Circle Fiber (dba “Knight Broadband” or “Knight”) to support its acquisition of Noble Resources (Noble”).Knight, headquartered in Clearwater, FL and a portfolio company of Mill Point Capital, is a provider of critical communications infrastructure services in the cable and broadband...Read More
Minneapolis, MN, September, 2020 –Spell Capital Mezzanine has been named the 2020 “Small Business Investment Company (SBIC) of the Year” by the U.S. Small Business Administration (SBA), chosen from a field of 300 licensed SBIC funds representing nearly $30 billion of capital under management.The SBA’s announcement of the award highlights Spell Capital Mezzanine’s longevity in the SBIC program,...Read More
Minneapolis, MN, August 2020 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in All About Learning Press (“AALP”) to support the buyout of AALP by Surge Private Equity.AALP, headquartered in Eagle River, WI, is a provider of multi-sensory educational products focused on reading and spelling to homeschool and supplemental markets...Read More
Minneapolis, MN, August 2020 – Spell Capital Mezzanine is pleased to announce a subordinated debt investment in Knight Broadband (“Knight”) to support its acquisition of Noble Resources (“Noble”).Knight, a portfolio company of Mill Point Capital and headquartered in Clearwater, FL, is a provider of fiber optic and coaxial cable maintenance and construction services. Noble, headquartered...Read More
2020 Spell Capital Mezzanine Activity:4 new platforms 2 follow-on investments Actively seeking new investments in companies with EBITDA of $2.0 million and above.New Platforms:Follow-On Investments:Read More
Minneapolis, MN, July 2020 – Spell Capital Mezzanine is pleased to announce a subordinated debt investment in CIS Credit Solutions (“CIS”) to support its acquisition of Avantus.CIS, a portfolio company of Smithsonian Capital and headquartered in Allamuchy, NJ, is a provider of outsourced credit reporting and investigation services to the residential mortgage originations industry (mortgage...Read More
Minneapolis, MN, April 2020 – Spell Capital Mezzanine is pleased to announce a subordinated debt investment in Knight Broadband (“Knight”) to support the buyout of the company by Mill Point Capital.Knight, headquartered in Clearwater, FL, is a provider of fiber optic and coaxial cable maintenance and construction services.Spell Capital Mezzanine has significant capital available and...Read More
Minneapolis, MN, March 2020 – Spell Capital Mezzanine is pleased to announce a subordinated debt investment in Temperform to support its acquisition of Damascus Steel.Temperform, a portfolio company of Oakland Standard and headquartered in Novi, MI, is a foundry business that manufactures stainless steel, iron and specialty castings that are heat, corrosion, and wear resistant....Read More
