- Proven expertise, proven performance.
- Standing the
test of time.
- Trusted, value
- Growth and profitability.
We endeavor to invest in outstanding people who possess the experience, integrity & motivation to succeed.
Spell Capital Partners, LLC is an established manager of private equity and mezzanine capital.
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.
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.
Case Study: Arctic Fox
In Delano, Minnesota business and employment are growing, thanks in part to the booming oil-and-gas business from North Dakota to Russia. Delano-based Arctic Fox is a part of that boom… and a Spell Capital Success Story.
Arctic Fox equipment heats oil-field batteries, piping, hydraulic and fuel systems, as well as off-road equipment, and keeps diesel-powered fleets operating more efficiently in the winter.
Under Spell Capital’s ownership, Arctic Fox nearly tripled operating profits to $8.1 million over five years on revenue that more than doubled to $29.7 million. Employment grew from 80 to 140. Spell Capital invested a significant amount of capital in new equipment and machinery to fund expansion. The company runs round the clock at its main plant in Delano.
In March 2012, Spell Capital sold the company to an Indiana-based concern that promises no major changes. Jim Rikkers, a managing partner at Spell, said “ Arctic Fox is an example of Spell’s win-win approach to private equity investing and a great company with good management.”