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...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...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,...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,...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...Read More

Minneapolis, MN, November 2019 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in Blue Ribbon Dispatch (“Blue Ribbon”) to support the buyout of the company by Salt Creek Capital. Blue Ribbon, headquartered in Phelan, CA, arranges the transportation of goods via independent owner operator driven flatbed trucks across the...Read More

Minneapolis, MN, October 2019 – Spell Capital Mezzanine is pleased to announce a follow-on subordinated debt investment in Sonas Home Health Care (“Sonas”). Sonas, a portfolio company of Boyne Capital and headquartered in Delray Beach, FL, provides private nursing care for clients in homes, hospitals, assisted living facilities and nursing homes. Spell Capital Mezzanine has...Read More

Minneapolis, MN, August 2019 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in Hayfield Window & Door Co. (“Hayfield”) to support the buyout of the company by Drum Capital Management. Hayfield, headquartered in Hayfield, MN, is a manufacturer of vinyl windows and patio doors. Spell Capital Mezzanine has significant...Read More

Minneapolis, MN, August 2019 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in Denali Communications (“Denali”) to support its acquisition of Brandywine. Denali, a portfolio company of Cache Creek Industries and headquartered in Longmont, CO, is a manufacturer of ruggedized electronic components and communications equipment to military and aerospace...Read More