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...Read More
Minneapolis, MN – Spell Capital Partners is pleased to announce the sale of Complete Packaging in late 2023, a company owned by the Spell Family Office. Complete Packaging, headquartered in Monroe, MI, is a supplier of precision engineered and custom-designed packaging solutions for a diverse group of end markets, primarily used in the automotive, heavy truck,...Read More
Minneapolis, MN – Spell Capital Partners announces the sale of Falls Fabricating, a contract manufacturer of metal fabrications and CNC machining services. Falls Fabricating is headquartered in Little Falls, MN. “We are pleased to announce the divestiture of Falls Fabricating. The company was founded over 45 years ago and Spell Capital purchased the business in 2007. We appreciate...Read More
Minneapolis, MN – Spell Capital Partners announced the sale of Jet Edge Water Systems, a Spell Capital Partners Fund V portfolio company. Jet Edge, headquartered in St. Michael, MN, manufactures ultra-high pressure waterjet cutting systems, related pumps, and spare parts for precision cutting, surface preparation, and coating removal. Spell Capital acquired the business in June of 2017.“Spell...Read More
Minneapolis, MN – Spell Capital Partners announced the sale of Vestal Manufacturing, a portfolio company of the Spell Family Office. Vestal is a leader in the manufacturing and distribution of foundry cast iron and steel fabricated components to municipalities, original equipment manufacturers and the home building and hearth industries. The Spell Family Office acquired Vestal as a new platform...Read More
Minneapolis, MN – Spell Capital Partners announced the sale of Polar Plastics. Polar Plastics, a Spell Capital Partners Fund V portfolio company and headquartered in St. Paul, Minnesota, manufactures plastic film and low density polyethylene packaging products used to make plastic films and bags for packaging, logistics, home improvement, retail and other applications. Spell Capital acquired the business...Read More
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,...Read More
Minneapolis, MN, November, 2016 – Spell Capital Partners, a leading lower middle market private equity firm, announces the sale of its portfolio company, Production Services Associates (PSA), to Plasticard-Locktech International, a hotel keycard, gift and loyalty card manufacturer. PSA is a leading manufacturer of printed gift and loyalty cards for global retailers and merchant payment processors and was...Read More
Minneapolis, MN, November, 2016 – Spell Capital Partners, a leading lower middle market private equity firm, announces the sale of its portfolio company, GAF Manufacturing (dba Midwest Plastic Products) to Timewell Drainage Products, a family-owned and operated high density polyethylene pipe producer. GAF is a manufacturer of plastic drain tile, fittings and pipe accessories for the agricultural drainage...Read More
Minneapolis, MN, November, 2015 – Spell Capital Partners, a leading lower middle market private equity firm, announces the sale of its portfolio company, Ansonia Plastics, LLC (d/b/a NPI Medical). NPI Medical was the third investment in Spell Capital Partners Fund III and is a new product introduction company which provides a full range of product development and...Read More
