Spell Capital Mezzanine Announces an Investment in Tri-State

Minneapolis, MN, February 2021 – Spell Capital Mezzanine is pleased to announce a subordinated debt investment in Tri-State Water, Power & Air (“Tri-State”) to support a recapitalization.

Tri-State, a portfolio company of NorthCurrent Partners and headquartered in Cape Girardeau, MO, sells, installs, and services residential water filtration systems, home back-up generators, water heaters and other residential upgrade products in the Midwest.

Spell Capital Mezzanine has significant capital available and is actively seeking new investment opportunities.

For more information regarding this transaction or Spell Capital Mezzanine, please contact Mark McDonald, Senior Managing Director, at mark@spellcapital.com.