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
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....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...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,...Read More
