- posted in News
Minneapolis, MN, March 2014 – Spell Capital Mezzanine (“Spell”) is pleased to announce a $7.0 million investment in Arandell Corporation (“Arandell” or the “Company”) as part of the refinancing of the Company.
Based in Menomonee Falls, WI, Arandell is the premier catalog printer, mailer, distributor and multi-channel solutions provider in the U.S. serving high-end retailers and catalog merchandisers who demand the highest levels of service and quality.
Brad Hoffman, President & CFO of Arandell, stated, “We appreciate the investment from Spell and their support of our initiatives to capitalize on the many changes occurring in our industry. We are well positioned to grow and expand our capabilities to better serve our customers.”
“We were aware of Arandell’s reputation as one of the highest quality commercial printing companies in the U.S. long before being introduced to the opportunity to invest,” said Andrew Leonard, Managing Director at Spell. “We are thrilled to invest in Arandell and add this marquee name in the commercial printing industry to our portfolio.”
Farragut Capital Partners invested alongside Spell in the transaction.
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.
For more information about this transaction, please contact Andrew Leonard, Managing Director email@example.com.