Spell Capital Mezzanine Partners made ten new platform investments, completed one follow-on investment and had five realizations. Spell Capital Mezzanine is actively seeking new investment opportunities. We make investments ranging from $3.0 – $20.0 million per transaction.During 2019, Paul Meyering transferred to the Spell Mezzanine Team from the Equity Team. Ryan McKinney and Ann Fugleberg, formerly of ExMarq Capital Partners, joined Spell Capital Mezzanine. Spell Mezzanine now manages ExMarq’s...Read More
Minneapolis, MN, December 2019 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in USA Millwork to support its acquisition of Mission Bell.USA Millwork, a portfolio company of Ninth Street Capital and headquartered in Manassas, VA, is a manufacturer of custom architectural millwork products sold to commercial general contractors and architects throughout the U.S. Mission Bell, headquartered in San Jose,...Read More
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 warehousing, logistics, back office and consulting services.Spell Capital Mezzanine has significant...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, paints and hard coats. Teknicote, headquartered in Rumford, RI, is a...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, headquartered in De Pere, WI, manufactures iron castings with a niche...Read More
