Minneapolis, MN, October 2018 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in D.P. Doors to support the buyout of the company by Hillcrest Capital Partners.D.P. Doors, headquartered in Belgrade, MT, is a manufacturer of pre-finished, ready-to-install doors, stairs, mantels, and other custom built-in’s for residential new construction contractors and subcontractors.Spell Capital Mezzanine has significant capital available and is...Read More
Minneapolis, MN, September 2018 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in Drake Truck Bodies (“Drake”) to support the buyout of the company by Salt Creek Capital. Drake, headquartered in Phoenix, AZ, manufactures work truck utility service bodies and sells related accessories.Spell Capital Mezzanine has significant dry powder available and is actively seeking new investment opportunities.Read More
Minneapolis, MN, August, 2018 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in AC Business Media to support the buyout of the company by Boyne Capital. AC Business Media, headquartered in Fort Atkinson, WI, provides integrated marketing solutions across various business-to-business media platforms including digital, data, analytics, social media, print and trade shows focused on the heavy construction industry.Spell Capital Mezzanine...Read More
Minneapolis, MN, September 2018 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in MedTec Healthcare & Private Duty (“MedTec”) to support the buyout of the company by a family office.MedTec, headquartered in Morton Grove, IL, provides senior in-home care and adult daycare services to clients in residing in the greater Chicago area.Spell Capital Mezzanine has significant capital available and...Read More
Spell Capital Mezzanine Partners Year to Date Activity:2 platform investments closed2 follow-on investments closed4 platform investments and 1 follow-on investment pending closeMeaningful Realizations/Paydowns:1 meaningful paydown of subordinated debt (May 2018)7 pending realizations expected by year-endOther News:Final close on $265.0 million Fund II (over-subscribed vs. $225.0 million target)Actively seeking new investment opportunities, ranging from $3.0 – $15.0+ millionFor more information regarding Spell Capital Mezzanine, please contact Mark McDonald,...Read More
