Minneapolis, MN, March 2020 – Spell Capital Mezzanine is pleased to announce a subordinated debt investment in Temperform to support its acquisition of Damascus Steel.Temperform, a portfolio company of Oakland Standard and headquartered in Novi, MI, is a foundry business that manufactures stainless steel, iron and specialty castings that are heat, corrosion, and wear resistant. Damascus Steel, headquartered in New Brighton, PA, is a steel...Read More
Minneapolis, MN, March 2020 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in Pilot Power Group (“Pilot Power”) to support the buyout of the company by Boyne Capital.Pilot Power, headquartered in San Diego, CA, provides energy consulting services focused on power sourcing and optimization for commercial customers.Spell Capital Mezzanine has significant capital available and is actively seeking new investment...Read More
Minneapolis, MN, February 2020 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in JDS Marketing & Sales (“JDS”) to support its acquisition of Qualtry.JDS, a portfolio company of Traverse Pointe Partners and headquartered in Hamel, MN, manufactures personalized consumer gift items for special occasions such as weddings, birthdays, and holidays. Qualtry, headquartered in Lindon, UT, is a producer of...Read More
Minneapolis, MN, January 2020 – Spell Capital Mezzanine is pleased to announce a subordinated debt investment in Design House to support its acquisition of Leick.Design House, privately owned and headquartered in Mequon, WI, designs and sources a wide array of home goods and hardware such as lighting, fans, bath fixtures, and locksets. Leick, headquartered in Sheboygan, WI, designs and sources small room furniture such as...Read More
Minneapolis, MN, January 2020 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in Majoris Health Systems (“Majoris”) to support the buyout of the company by Ardent Investors.Majoris, headquartered in Lake Oswego, OR, is an independent workers’ comp state-certified managed care organization. The Company acts as an intermediary between employers and insurance companies to provide case management services that help...Read More