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
Minneapolis, MN, July 2017 – Spell Capital Mezzanine is pleased to announce a subordinated debt investment in Concrete Polishing & restoration (“CP+R”) to support the buyout of the Company by Servants’ Heart, LLC. Headquartered in Caryville, Tennessee, CP+R is a national provider of concrete polishing, restoration and other commercial flooring services. Servants’ Heart is a Sterling, Virginia based investment group led by experienced operating executive, Jeff Yoh....Read More
Minneapolis, MN, May 2017 – Spell Capital Mezzanine is pleased to announce a subordinated debt and senior preferred equity investment in Bernard to support a recapitalization of the Company. Headquartered in Hialeah, FL, Bernard is a manufacturer of military dress uniform headwear. About Spell Capital PartnersSpell Capital Private Equity is engaged in the acquisition of controlling interests in well-managed, historically profitable industrial manufacturing businesses. We use our deep expertise...Read More
Minneapolis, MN, March 2017 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in AmeriBest to support the acquisition of the Company by Boyne Capital. Headquartered in Philadelphia, PA, AmeriBest provides home health and personal care services including light household duties, meal preparation, hygiene, exercise, cleaning, and errands.Spell Capital Private Equity is engaged in the acquisition of controlling interests in well-managed, historically profitable...Read More
Minneapolis, MN, March 2017 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment to support the acquisition of BHSB Holdings. Headquartered in Florida, the Company is a provider of accredited and licensed residential and community-based behavioral health services to youth. About Spell Capital PartnersSpell Capital Private Equity is engaged in the acquisition of controlling interests in well-managed, historically profitable industrial manufacturing businesses. We use...Read More