Spell Capital Mezzanine Announces an Investment in Drake Truck Bodies

Minneapolis, MN,¬†September 2018¬†– Spell Capital Mezzanine is pleased to announce a subordinated debt and equity co-investment in Drake Truck Bodies (“Drake”) to support the buyout of the company by Salt Creek Capital. Drake, headquartered in Phoenix, AZ, manufactures work truck utility service bodies and sells related accessories.

Spell Capital Mezzanine has significant dry powder available and is actively seeking new investment opportunities.

Comments are closed.