Minneapolis, MN, May 2017 – Spell Capital Partners, LLC is pleased to announce the successful recapitalization of St. Worth Container. Headquartered in Ontario, California, St. Worth manufactures corrugated packaging for customers in the Greater Los Angeles area, specializing in small orders and timely delivery. With a reputation for providing quality products and excellent customer service, the company has a high rate of repeat business.
Spell Capital partnered with the Founder and President of St. Worth, Rick Worth, who will continue to lead the business post-transaction. Rick commented, “I am excited to partner with Spell Capital and to work together to achieve the next level of growth for the business. I believe that St. Worth can leverage Spell’s transactional and operational expertise to achieve both organic and acquisitive growth.”
About Spell Capital Partners
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 business in which we invest.
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 regarding this transaction, please contact Paul Meyering, Senior Managing Director, at [email protected].