Minneapolis, MN, December 2016 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in Behrens to support the acquisition of the company by Mill City Capital. Headquartered in Winona, MN, Behrens is a leading manufacturer of branded steel containers used in a diverse array of consumer and professional applications. About Spell Capital Private Equity...Read More
Minneapolis, MN, May 2016 – Spell Capital Mezzanine (“Spell”) is pleased to announce a subordinated debt investment in WM Coffman (“WMC”), to support the acquisition of StairCrafters by WMC, a portfolio company of Prophet Equity. Headquartered in Plano, Texas, WM Coffman is a leading designer, marketer and distributor of interior stair building materials for residential new construction and remodeling....Read More
Minneapolis, MN, October 2015 – Spell Capital Mezzanine (“Spell”) is pleased to announce a mezzanine debt and minority equity investment in Pinnacle Products International, Inc. (“Pinnacle” or the “Company”), a portfolio company of Taglich Private Equity LLC, to finance the acquisition of Schaefer Ventilation Equipment (“Schaefer”). Medallion Capital, Inc. invested alongside Spell in the transaction. Pinnacle is...Read More
Minneapolis, MN, July 2015 – Spell Capital Mezzanine (“Spell”) is pleased to announce an $8.5 million subordinated debt investment in American Surgical Professionals (“ASP”) to support a recapitalization. ASP is a portfolio company of Great Point Partners based in Greenwich, CT. ASP, headquartered in Houston, TX, is a leading provider of surgical assistants to hospitals and ambulatory surgery centers....Read More
Minneapolis, MN, June 2015 – Spell Capital Mezzanine (“Spell”) is pleased to announce a $7.5 million subordinated debt and $1.0 million equity co-investment in Stauer to support the acquisition of Stauer by Stanfield Capital, Ocean Avenue Capital Partners and its CEO. Stauer, with operations in Burnsville, MN and Richmond, VA, is a direct marketer of various consumer products through catalogs,...Read More
Minneapolis, MN, May 2015 – Spell Capital Mezzanine (“Spell”) is pleased to announce a mezzanine debt and equity co-investment in Lone Star Distribution LLC (“Lone Star” or the “Company”) as part of the acquisition of the Company by Sheridan Legacy Group and industry veteran Gary Giles. Lone Star, headquartered in Dallas, TX, is a national wholesale distributor...Read More
Minneapolis, MN, May 2015 – Spell Capital Mezzanine (“Spell”) is pleased to announce a subordinated debt investment in Anchor Fabrication (“Anchor” or the “Company”). Founded in 1989 and based in Fort Worth, TX, Anchor is a full service metal fabrication company serving customers in a diverse set of industries, including rail, heavy truck, defense, oil & gas...Read More
Minneapolis, MN, January 2015 – Spell Capital Mezzanine (“Spell”) is pleased to announce a minority equity investment in Arandell Corporation (“Arandell” or the “Company”) to support a management led buyout of the Company. The transaction closed in November of 2014. Spell originally invested $7.0 million of mezzanine in early 2014 as part of a debt refinancing. Based in...Read More
Minneapolis, MN, November 2014 – Spell Capital Mezzanine (“Spell”) is pleased to announce a $5.5 million subordinated debt investment in Smartlink (the “Company”) to support a debt refinancing. Smartlink, headquartered in Annapolis, MD, with additional offices nationwide, has been providing staffing and services to the communications industry since 2000. Smartlink’s areas of expertise include securing locations that maximize wireless coverage...Read More
Minneapolis, MN, September 2014 – Spell Capital Mezzanine (“Spell”) is pleased to announce a mezzanine debt and minority equity investment in Apartment Data Services (“ADS” or the “Company”) as part of the acquisition of the Company by Salt Creek Capital (“Salt Creek”). Founded in 1986 and based in Houston, TX, ADS collects and packages competitive real-time information that...Read More
