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
Minneapolis, MN, July 2019 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in Wollard International (“Wollard”) to support the buyout of the company by Kilroy Partners. Wollard, headquartered in Eau Claire, WI, is a manufacturer and distributor of aviation ground support equipment. Products include items such as tow tractors,...Read More
Minneapolis, MN, July 2019 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in JMG and Dealer 121 to support the buyout of the companies by NextGen Growth Partners. JMG / Dealer 121, headquartered in Roseville, MN, provides marketing services to small to mid-sized auto dealerships using direct mail, digital...Read More