- posted in News
Minneapolis, MN, May 2015 – Spell Capital Partners is pleased to announce its investment, alongside senior management, in Northwood Foods, Inc.
Northwood Foods, a fresh pork processing company, established in 1998 in Northwood, Iowa as a custom boning and fabrication business. Today, the company serves customers around the world as one of the nation’s largest independent pork boning operations.
Paul Meyering, a Managing Director at Spell Capital, commented, “Spell Capital is excited to be working with the leadership team and the employees at Northwood Foods. They have done an incredible job building a business and providing their customers with the highest quality cuts and customer service. We look forward to working with the Northwood Foods management team, its employees and expanding upon their success.”
“We are pleased to be partnering with Spell and are looking forward to working with them during the next chapter of our company’s growth and success,” said Brian Burkard, President of Northwood Foods.
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.