Minneapolis, MN, October 2018 – Spell Capital Mezzanine is pleased to announce the addition of David Shapiro as a Managing Director. David has over 20 years of leveraged finance, mezzanine and private capital experience. Previously, he was a managing director for a SBIC mezzanine fund where he originated, negotiated and managed a portfolio of mezzanine and equity...Read More
Minneapolis, MN, November 2018 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in Portu Sunberg to support a recapitalization.Portu Sunberg, a portfolio company of Brass Ring Capital and headquartered in Minneapolis, MN, assists retail supply vendors in securing new distribution channels and bringing new products to market.Spell Capital Mezzanine...Read More
Minneapolis, MN, November 2018 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in JDS Marketing & Sales (“JDS”) to support the buyout of the company by Traverse Pointe Partners.JDS, headquartered in Hamel, MN, manufactures personalized consumer gift items for special occasions such as weddings, birthdays, and holidays.Spell Capital Mezzanine...Read More
Minneapolis, MN, November 2018 – Spell Capital Mezzanine is pleased to announce a subordinated debt investment in Infusion Associates (“Infusion”) to support the buyout of the company by Boyne Capital.Infusion, headquartered in Grand Rapids, MI, is a provider of clinical infusion therapy services for treatment of chronic medical conditions.Spell Capital Mezzanine has significant capital available...Read More
Minneapolis, MN, October 2018 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in D.P. Doors to support the buyout of the company by Hillcrest Capital Partners.D.P. Doors, headquartered in Belgrade, MT, is a manufacturer of pre-finished, ready-to-install doors, stairs, mantels, and other custom built-in’s for residential new construction contractors...Read More
Minneapolis, MN, September 2018 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in Drake Truck Bodies (“Drake”) to support the buyout of the company by Salt Creek Capital. Drake, headquartered in Phoenix, AZ, manufactures work truck utility service bodies and sells related accessories.Spell Capital Mezzanine has significant dry powder available and...Read More
Minneapolis, MN, August, 2018 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in AC Business Media to support the buyout of the company by Boyne Capital. AC Business Media, headquartered in Fort Atkinson, WI, provides integrated marketing solutions across various business-to-business media platforms including digital, data, analytics, social media, print and...Read More
Minneapolis, MN, September 2018 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in MedTec Healthcare & Private Duty (“MedTec”) to support the buyout of the company by a family office.MedTec, headquartered in Morton Grove, IL, provides senior in-home care and adult daycare services to clients in residing in the...Read More
Spell Capital Mezzanine Partners Year to Date Activity:2 platform investments closed2 follow-on investments closed4 platform investments and 1 follow-on investment pending closeMeaningful Realizations/Paydowns:1 meaningful paydown of subordinated debt (May 2018)7 pending realizations expected by year-endOther News:Final close on $265.0 million Fund II (over-subscribed vs. $225.0 million target)Actively seeking new investment opportunities, ranging from $3.0 – $15.0+ millionFor...Read More
Minneapolis, MN, July 2017 – Spell Capital Mezzanine is pleased to announce a subordinated debt investment in Concrete Polishing & restoration (“CP+R”) to support the buyout of the Company by Servants’ Heart, LLC. Headquartered in Caryville, Tennessee, CP+R is a national provider of concrete polishing, restoration and other commercial flooring services. Servants’ Heart is a Sterling, Virginia...Read More
