Minneapolis, MN, September, 2020 –Spell Capital Mezzanine has been named the 2020 “Small Business Investment Company (SBIC) of the Year” by the U.S. Small Business Administration (SBA), chosen from a field of 300 licensed SBIC funds representing nearly $30 billion of capital under management. The SBA’s announcement of the award highlights Spell Capital Mezzanine’s longevity in the SBIC...Read More
Spell Capital Private Equity completed three new platform investments and one divestiture during 2019. Spell Capital Private Equity currently has 18 platform investments in its portfolio. Spell Capital Equity is seeking new investment opportunities with EBITDA of at least $2.0 million. Spell Capital Mezzanine Partners made ten new platform investments, completed one follow-on investment and...Read More
Minneapolis, Minnesota, June 2018 – Spell Capital Partners was recognized as one of the top 50 PE firms in the middle market. They received the award for solid performance, innovation, successful track record, leadership and results. This is the second year running that Spell has received this honor. Bill Spell, president and founder of Spell Capital, was...Read More
Year in Review – 2017 Spell Capital Equity Partners made three new platform investments and one add-on acquisition. Spell Capital Mezzanine Partners invested in five platform companies, two follow-on investments and had two successful realizations. Spell Capital Mezzanine Partners SBIC II, LP The Mezzanine team had a successful fundraising during the year, closing on our second mezzanine...Read More
Spell Capital Private Equity acquired three new platform businesses, divested three portfolio companies and closed Equity Fund V. Spell Capital Mezzanine Partners completed seven new loans/investments and had four successful realizations. About Spell Capital Partners Spell Capital is a manager of private equity and mezzanine capital based in Minneapolis, Minnesota. Spell Capital Private Equity is engaged in the acquisition...Read More
Spell Capital Equity Partners is pleased to announce the closing of Spell Capital Partners Fund V, LP, a $68.0 million private equity fund focused on the buyout of industrial manufacturing businesses. Fund V has acquired its first three platform investments and is actively seeking additional investment opportunities. Bill Spell, President and Founder, stated, “It’s an exciting...Read More
Minneapolis, MN – July 2014 Thomas W. Morgan, CFA – Senior AssociateTom Morgan has joined the firm as Senior Associate to the private equity team. Prior to joining Spell Capital, he spent over five years at William Blair & Company as an Institutional Equity Sales Professional. Tom has a MBA from the UCLA Anderson School of Management...Read More
Minneapolis, MN, April 2014 – Spell Capital announced that Kip Colwell has joined the firm as Operating Partner. Mr. Colwell brings over 30 years of experience in senior executive positions in both public and private companies. Kip will join the private equity team and will work with the portfolio companies in strategy and operational improvements. Prior to...Read More
Minneapolis, MN, July 2013 – Spell Capital announces the sale of the Protogenic division of its portfolio company, Spectrum Plastics Group to Tenere, Inc., an affiliate of Watermill Group. Protogenic, located in Westminster, Colorado, provides high quality rapid prototyping and production-level urethane casting services to over 800 customers annually in the medical, aerospace/defense, electronics/technology, engineering & design...Read More
