News

The Latest on Spell Capital Mezzanine’s Investments
Minneapolis, MN, March 2021 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in Solar Light Company and Optronic Laboratories (“Solar Light”) to support the buyout of Solar Light by Ardent Investors.Solar Light, headquartered in Glenside, PA (near Philadelphia), is the dominant global manufacturer for devices that measure light and solar radiation for consumer, research, and laboratory applications. Solar Light’s instruments...
Read More
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...
Read More
Minneapolis, MN, December 2020 – Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in Double Wood Supplements (“Double Wood”) to support the buyout of Double Wood by Boyne Capital.Double Wood, headquartered in Philadelphia, PA, is a direct-to-consumer seller of branded nutritional supplements with a diversified portfolio of more than 60 products in categories related to brain health such as motivation &...
Read More
Spell Capital Mezzanine named “SBIC of the Year” by the U.S. Small Business Administration While 2020 brought no shortage of challenges, we were grateful to be honored by SBA as the 2020 SBIC of the Year among a field of 300 licensed SBIC funds representing nearly $30 billion of capital under management. This was due in large part to the support of our distinguished partners,...
Read More
Minneapolis, MN, October 2020 – Spell Capital Mezzanine is pleased to announce a subordinated debt investment in Slappey Communications (“Slappey”) to support add-on acquisitions. Slappey, a portfolio company of Baymark Capital and headquartered in Birmingham, AL provides IT outsourcing solutions for commercial customer’s voice, data, and networking needs.
Read More
1 2 3 15