Minneapolis, MN, March 2020 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in Pilot Power Group (“Pilot Power”) to support the buyout of the company by Boyne Capital.Pilot Power, headquartered in San Diego, CA, provides energy consulting services focused on power sourcing and optimization for commercial customers.Spell Capital Mezzanine...Read More
Minneapolis, MN, February 2020 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in JDS Marketing & Sales (“JDS”) to support its acquisition of Qualtry.JDS, a portfolio company of Traverse Pointe Partners and headquartered in Hamel, MN, manufactures personalized consumer gift items for special occasions such as weddings, birthdays, and...Read More
Minneapolis, MN, January 2020 – Spell Capital Mezzanine is pleased to announce a subordinated debt investment in Design House to support its acquisition of Leick.Design House, privately owned and headquartered in Mequon, WI, designs and sources a wide array of home goods and hardware such as lighting, fans, bath fixtures, and locksets. Leick, headquartered in...Read More
Minneapolis, MN, January 2020 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in Majoris Health Systems (“Majoris”) to support the buyout of the company by Ardent Investors.Majoris, headquartered in Lake Oswego, OR, is an independent workers’ comp state-certified managed care organization. The Company acts as an intermediary between employers...Read More
Spell Capital Mezzanine Partners made ten new platform investments, completed one follow-on investment and had five realizations. Spell Capital Mezzanine is actively seeking new investment opportunities. We make investments ranging from $3.0 – $20.0 million per transaction.During 2019, Paul Meyering transferred to the Spell Mezzanine Team from the Equity Team. Ryan McKinney and Ann Fugleberg, formerly of ExMarq Capital...Read More
Minneapolis, MN, December 2019 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in USA Millwork to support its acquisition of Mission Bell.USA Millwork, a portfolio company of Ninth Street Capital and headquartered in Manassas, VA, is a manufacturer of custom architectural millwork products sold to commercial general contractors and...Read More
Minneapolis, MN, December 2019 – Spell Capital Mezzanine is pleased to announce a subordinated debt investment in Refrig-IT Warehouse (“Refrig-IT”) to support its acquisition of Trilogy.Refrig-IT, a portfolio company of Tilia and headquartered in Kearny, NJ, is a multi-temperature cold storage warehousing business. Trilogy, headquartered in St Louis, MO, provides outsourced warehousing, built-to-suit dedicated warehousing,...Read More
Minneapolis, MN, December 2019 – Spell Capital Mezzanine is pleased to announce a subordinated debt investment in BEST Engineered Surface Technologies (“BEST”) to support its acquisition of Teknicote.BEST, a portfolio company of Sowell & Company and headquartered near Orlando, FL, provides high-performance coatings for metallic industrial components. Coatings include resins, Teflon-like polymers, anodizing, powder-coating, paints...Read More
Minneapolis, MN, December 2019 – Spell Capital Mezzanine is pleased to announce a subordinated debt investment in Temperform to support its acquisition of Lawton.Temperform, a portfolio company of Oakland Standard and headquartered in Novi, MI, is a foundry business that manufactures stainless steel and specialty castings that are heat, corrosion, and wear resistant. Lawton, headquartered...Read More
Minneapolis, MN, November 2019 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in Arapahoe Fire Protection (“Arapahoe”) to support the buyout of the company by a family office.Arapahoe, headquartered in Aurora, CO, is a provider of fire protection services in the Denver, Colorado Springs, Boulder, and Fort Collins metro...Read More
