Minneapolis, MN – Spell Capital Partners announced the sale of its portfolio company Animal Adventure. Animal Adventure is a leading manufacturer of unique and high quality plush toys and accessories for retailers throughout the world. Spell Capital acquired Animal Adventure as a new platform in 2014. Since then, Spell and management have grown sales revenue, increased profitability and expanded the company’s product offering. The transaction closed during the first quarter of 2020.
For more information regarding this transaction, please contact Paul Meyering, Senior Managing Director, at [email protected].