Minneapolis, MN, August 2014 – Spell Capital Mezzanine (“Spell”) is pleased to announce a $4.0 million subordinated debt investment in AC Business Media (“ACBM” or the “Company”) to support the acquisition of the Company by two experienced executives with substantial industry and deal experience.
ACBM, headquartered in Fort Atkinson, WI, provides integrated marketing solutions across five business-to-business media platforms including digital, print, mobile, live events and social media to the heavy construction and food & supply chain logistics industries.
“We are excited about the opportunity to partner with both the management team as well as the operating executives who acquired the Company,” said Mark McDonald, Managing Director at Spell. “ACBM operates in a very attractive niche sector with a dominant long term history.”
About Spell Capital Mezzanine
Spell Capital Mezzanine provides subordinated debt and non-control equity to businesses in a variety of industries across the United States. We finance leveraged acquisitions backed by lower middle-market private equity sponsors, management and family driven ownership transitions, add-on acquisitions, recapitalizations and growth initiatives. For more information about this transaction, please contact Mark McDonald, Managing Director [email protected].
About Spell Capital Private Equity
Spell Capital Private Equity is engaged in the acquisition of controlling interests in well-managed, historically profitable industrial manufacturing businesses. We use our deep expertise in acquisitions and financing to collaborate with management and grow the businesses in which we invest – both internally and through add-on acquisitions.