News

The Latest on NorthCoast Mezzanine's Investments

NorthCoast was previously a division of Spell Capital Partners and continues to manage the Spell Capital Mezzanine funds.
Minneapolis, MN, September 2022 – NorthCoast is pleased to announce that Holly Weiss and Will Unterseher have recently joined the firm to support the ongoing growth of the business. Holly Weiss – CFO Holly leads NorthCoast’s accounting, finance, and administration efforts. She is responsible for financial reporting, tax, compliance, fund operations, and investor communications. Prior to joining NorthCoast, Holly was the CFO for The Leuthold...
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Minneapolis, MN, July 2022 – NorthCoast is pleased to announce a subordinated debt investment to support the refinancing of Safe In Sound. Safe In Sound, headquartered in Phoenix, AZ, is a Miracle-Ear® franchisee. For more information regarding NorthCoast, please contact Mark McDonald, Founding Partner, at mark@northcoastmezz.com.
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Minneapolis, MN, July 2022 – NorthCoast is pleased to announce a subordinated debt and equity co-investment in Green Garden Group to support its acquisition of Wingren Landscape, Grant & Power and American Lawn & Landscape. About Green Garden GroupGreen Garden Group, headquartered in Western Springs, IL, is a leading operator of high-end residential and commercial landscaping service providers, delivering a full-range of capabilities including design...
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Minneapolis, MN, July 2022 – NorthCoast is pleased to announce a subordinated debt investment in Nuance Medical to support its acquisition of Biodermis. Nuance Medical, headquartered in Carlsbad, CA, produces consumable medical products including topical anesthetics, cryotherapy sprays, scar tissue reduction, dermatology products, and at-home hygiene kits. For more information regarding NorthCoast, please contact Stacy Harmsen, Partner, at stacy@northcoastmezz.com.
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Minneapolis, MN, September 2022 – Spell Capital Mezzanine is pleased to announce the successful closing of Fund III, which was oversubscribed and met its hard cap. In conjunction with the launch of Fund III, the senior team acquired the mezzanine business from Spell Capital and has rebranded as NorthCoast Mezzanine. While our name has changed, the team remains dedicated to being a dependable and value-added...
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