News

The Latest on Spell Capital’s Private Equity Investments
Spell Capital Partners is pleased to announce that the Spell Family Office has completed the sale of Precision Production to a management-led ownership group. Headquartered in Strongsville, Ohio, Precision Production is a niche manufacturer of Swiss screw machined products. The Spell Family Office acquired Precision Production in 2019 and partnered with management to support the company’s continued growth and operational development. During our ownership, Precision...
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Minneapolis, MN April 24, 2026 – Spell Capital Partners is pleased to announce that it has been named a 2026 TOP 50 PE Firm in The Middle Market™. This recognition underscores the firm’s continued leadership and consistent performance within the middle market private equity landscape. Spell Capital is recognized as a trusted investment partner for entrepreneurs seeking to grow and scale their businesses. This marks the seventh...
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Spell Capital Partners is pleased to announce that the Spell Family Office has acquired MacDonald & Owen in partnership with the management team. Founded more than 50 years ago, MacDonald & Owen is a leading manufacturer and supplier of high-quality hardwood lumber and specialty wood products serving a diverse customer base around the world. The company has built a strong reputation for craftsmanship, reliability, and...
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Spell Capital Partners is pleased to announce the sale of Norshield Security Products (“Norshield”) in December 2024, a company owned by the Spell Family Office. Norshield, founded in 1979 and headquartered in Montgomery, AL, is the world’s leading manufacturer of certified ballistic, attack, and blast resistant windows, doors, louvers, hatches and booths.  The Norshield business was sold to the ASSA ABLOY Group, a global leader...
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Minneapolis, MN – Spell Capital Partners is pleased to announce the acquisition of All Star Corrugated by the Spell Family Office. Headquartered in Fort Worth, Texas, All Star Corrugated is a custom, flexible, quick-turn provider of corrugated packaging to the Dallas/Fort Worth (“DFW”) market. Founded in 1983, All Star Corrugated operates out of 78,000 square feet of manufacturing and warehouse space and works closely with each...
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