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 consecutive year that Spell Capital has been named a TOP 50 PE Firm.
“Being named to the TOP 50 PE Firms in The Middle Market for a seventh consecutive year is a meaningful recognition of our long-standing investment philosophy,” said Spell Capital Founder and President, Bill Spell. “We focus on partnering with strong management teams, maintaining a disciplined approach to investing, and building businesses for the long term. This recognition reflects the consistency of our strategy and the quality of the people we work with across our portfolio.”
Spell Capital invests in a wide range of middle market companies, primarily in the manufacturing sector. The firm partners with engaged entrepreneurs who have built stable businesses with predictable cash flow, typically exceeding $5 million. Spell Capital focuses on businesses where its leadership team has deep experience and can provide flexible capital solutions that balance owner liquidity with long-term growth.
Founded in 2016, the TOP 50 PE Firms in the Middle Market is the original awards program designed specifically to acknowledge and promote leading small and mid-sized private equity firms. The program is widely regarded as a reliable and unbiased benchmark by private equity professionals, business owners, investment bankers, the media, and the public.
“This is the tenth anniversary of the TOP 50 PE Firms in the Middle Market awards program. We are proud to support these leading middle market private equity firms whose relentless pursuit of excellence leads to significant advantages for their portfolio companies and limited partners,” said Kerry Grady, Program Founder.
To view the full list of 2026 winners, visit: https://awards.gradycampbell.com/top-50-pe-winners/
About Spell Capital
Based in Minneapolis, Minnesota, Spell Capital Partners has over 38 years of successful private equity investment experience. The principals of Spell Capital are widely regarded as accomplished, experienced professionals with diverse backgrounds and successful investment track records. Functioning as management’s partner, Spell’s experienced professionals complement a management team’s capabilities and advise their portfolio companies in the areas of strategic planning, business and financial management, investment banking and strategic merger and acquisition opportunities. Currently, the firm has 8 family-owned portfolio companies and manages over $700 million of capital (AUM). New control equity deals are being funded by the Spell Family Office.
To learn more about Spell Capital, visit www.spellcapital.com