Spell Capital Mezzanine Exits its Investment in Fiberstar

Minneapolis, MN, December 2014 – Spell Capital Mezzanine is pleased to announce the successful realization of its investment in Fiberstar through a refinancing.

Fiberstar is a global leader in the manufacture and marketing of innovative bio-ingredients from plant cell wall materials.  The Company serves food, pet food and cosmetics customers in more than 50 countries around the globe.  Fiberstar’s award-winning Citri-Fi® ingredient is used by global food manufacturers to improve the quality, clean labeling and cost of the products into which it is incorporated.  Fiberstar is headquartered in River Falls, Wisconsin and has a production facility in Clewiston, Florida.

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.

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.