Engineered Products Co., Waterloo, Iowa, (dba: Filter Minder) is the leading brand for transportation filter monitoring products. The Company’s products include a full line of air and fuel filter monitors, sensors, gauges and switches. Formed over 30 years ago, the Filter Minder line of filter monitoring devices can be found on a wide variety of applications throughout the world, serving end markets such as light, medium and heavy duty trucks, off-road equipment for construction and agriculture, automotive, military, hydraulics, lawn and garden, irrigation and many more.
Filter Minder products accurately measure a filter’s condition and can extend a filter’s life up to 100,000 miles for cars and 250,000 miles for trucks. Additionally, the Filter Monitor line of products prevent excess fuel use and the loss of engine power that result from overly restricted filters. The Company’s responsiveness
to customer needs and consistently high quality products have resulted in long lasting customer relationships.
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.
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 Jim Rikkers, Managing Director, at [email protected].