Spell Capital Mezzanine named “SBIC of the Year” by the U.S. Small Business Administration While 2020 brought no shortage of challenges, we were grateful to be honored by SBA as the 2020 SBIC of the Year among a field of 300 licensed SBIC funds representing nearly $30 billion of capital under management. This was due in large part to the support of our distinguished partners,...Read More
Minneapolis, MN, October 2020 – Spell Capital Mezzanine is pleased to announce a subordinated debt investment in Slappey Communications (“Slappey”) to support add-on acquisitions.Slappey, a portfolio company of Baymark Capital and headquartered in Birmingham, AL provides IT outsourcing solutions for commercial customer’s voice, data, and networking needs.Read More
Minneapolis, MN, September 2020 – Spell Capital Mezzanine is pleased to announce a subordinated debt investment in Supply Chain Services (“SCS”) to support its acquisition of Miles Data.SCS, a portfolio company of Sole Source Capital and headquartered in Oakdale, MN, provides hardware and technology used for automation and data collection within its customers’ logistics and distribution operations.Miles Data, headquartered in Waukesha, WI, provides similar products, value-added...Read More
Minneapolis, MN, August 2020 – Spell Capital Mezzanine is pleased to announce a subordinated debt investment in Full Circle Fiber (dba “Knight Broadband” or “Knight”) to support its acquisition of Noble Resources (Noble”).Knight, headquartered in Clearwater, FL and a portfolio company of Mill Point Capital, is a provider of critical communications infrastructure services in the cable and broadband industry, primarily in the southeastern U.S. and the broader East...Read More
Minneapolis, MN, September, 2020 –Spell Capital Mezzanine has been named the 2020 “Small Business Investment Company (SBIC) of the Year” by the U.S. Small Business Administration (SBA), chosen from a field of 300 licensed SBIC funds representing nearly $30 billion of capital under management.The SBA’s announcement of the award highlights Spell Capital Mezzanine’s longevity in the SBIC program, successful investment track record, clean records with the SBA and...Read More
