Minneapolis, MN, July 2015 – Spell Capital Mezzanine (“Spell”) is pleased to announce an $8.5 million subordinated debt investment in American Surgical Professionals (“ASP”) to support a recapitalization. ASP is a portfolio company of Great Point Partners based in Greenwich, CT. ASP, headquartered in Houston, TX, is a leading provider of surgical assistants to hospitals and ambulatory surgery centers. The Company’s personnel include Surgical Assistants, Physician Assistants and Nurse Practitioners...Read More
Minneapolis, MN, June 2015 – Spell Capital Mezzanine (“Spell”) is pleased to announce a $7.5 million subordinated debt and $1.0 million equity co-investment in Stauer to support the acquisition of Stauer by Stanfield Capital, Ocean Avenue Capital Partners and its CEO.Stauer, with operations in Burnsville, MN and Richmond, VA, is a direct marketer of various consumer products through catalogs, magazine ads, e-mail, direct mail and phone.“We are excited to partner...Read More
Minneapolis, MN, May 2015 – Spell Capital Mezzanine (“Spell”) is pleased to announce a mezzanine debt and equity co-investment in Lone Star Distribution LLC (“Lone Star” or the “Company”) as part of the acquisition of the Company by Sheridan Legacy Group and industry veteran Gary Giles.Lone Star, headquartered in Dallas, TX, is a national wholesale distributor of sports nutrition and fitness products, including protein powders, creatine, bars,...Read More
Minneapolis, MN, May 2015 – Spell Capital Mezzanine (“Spell”) is pleased to announce a subordinated debt investment in Anchor Fabrication (“Anchor” or the “Company”).Founded in 1989 and based in Fort Worth, TX, Anchor is a full service metal fabrication company serving customers in a diverse set of industries, including rail, heavy truck, defense, oil & gas and logistics. Spell’s investment supported Anchor’s acquisition of Abby Manufacturing, a...Read More
Minneapolis, MN, January 2015 – Spell Capital Mezzanine (“Spell”) is pleased to announce a minority equity investment in Arandell Corporation (“Arandell” or the “Company”) to support a management led buyout of the Company. The transaction closed in November of 2014. Spell originally invested $7.0 million of mezzanine in early 2014 as part of a debt refinancing.Based in Menomonee Falls, WI, Arandell is the premier catalog printer, mailer, distributor...Read More
