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 opportunitiesRealizations2 investments successfully realized (February and May 2019)2 investments expected to be successfully realized prior to year-endOther News:Added new Senior Associate in February 2019 to support additional growthActively seeking new investment opportunities, ranging from $3.0 – $15.0+ millionRead More
Minneapolis, MN, July 2019 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in Wollard International (“Wollard”) to support the buyout of the company by Kilroy Partners.Wollard, headquartered in Eau Claire, WI, is a manufacturer and distributor of aviation ground support equipment. Products include items such as tow tractors, maintenance lifts, belt loaders, mobile passenger stairs and service parts.Spell Capital...Read More
Minneapolis, MN, July 2019 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in JMG and Dealer 121 to support the buyout of the companies by NextGen Growth Partners.JMG / Dealer 121, headquartered in Roseville, MN, provides marketing services to small to mid-sized auto dealerships using direct mail, digital marketing and email.Spell Capital Mezzanine has significant capital available and is...Read More
Spell Capital Mezzanine Partners invested in eleven platform companies, completed two follow-on investments and had five successful realizations. Fund II held its final close at $265.0 million (over-subscribed vs. $225.0 million target).Spell Capital Mezzanine is actively seeking new investment opportunities, ranging from $3.0 – $20.0 million.New Platform Investments Follow-on InvestmentsRead More
Minneapolis, MN, December 2018 – Spell Capital Mezzanine is pleased to announce a subordinated debt investment in Eclipse to support its acquisition of On Time Staffing (“OTS”).Eclipse, a portfolio company of LaSalle Capital and headquartered in Melbourne, FL, provides outsourced labor and employee management consulting to light industrial warehouse distribution centers across a variety of industries throughout the U.S. OTS, headquartered in Cherry Hill, NJ,...Read More
