Minneapolis, MN, November 2019 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in Blue Ribbon Dispatch (“Blue Ribbon”) to support the buyout of the company by Salt Creek Capital. Blue Ribbon, headquartered in Phelan, CA, arranges the transportation of goods via independent owner operator driven flatbed trucks across the Western United States for large building materials manufacturers. Spell Capital...Read More
Minneapolis, MN, October 2019 – Spell Capital Mezzanine is pleased to announce a follow-on subordinated debt investment in Sonas Home Health Care (“Sonas”). Sonas, a portfolio company of Boyne Capital and headquartered in Delray Beach, FL, provides private nursing care for clients in homes, hospitals, assisted living facilities and nursing homes. Spell Capital Mezzanine has significant capital available and is actively seeking new investment opportunities.Read More
Minneapolis, MN, August 2019 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in Hayfield Window & Door Co. (“Hayfield”) to support the buyout of the company by Drum Capital Management. Hayfield, headquartered in Hayfield, MN, is a manufacturer of vinyl windows and patio doors. Spell Capital Mezzanine has significant capital available and is actively seeking new investment opportunities.Read More
Minneapolis, MN, August 2019 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in Denali Communications (“Denali”) to support its acquisition of Brandywine. Denali, a portfolio company of Cache Creek Industries and headquartered in Longmont, CO, is a manufacturer of ruggedized electronic components and communications equipment to military and aerospace customers. Brandywine, headquartered in Tustine, CA, manufactures precision time and...Read More
Spell Capital Mezzanine Partners Year to Date Activity: 4 platform investments closed2 platform investments pending closeSeveral platform and follow-on investments likely in 3rd and 4th quarter 2019Robust pipeline of opportunities Realizations 2 investments successfully realized (February and May 2019)2 investments expected to be successfully realized prior to year-end Other News: Added new Senior Associate in February 2019 to support additional growthActively seeking new investment opportunities, ranging from...Read More
