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...Read More
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...Read More
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...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, energy, aerospace and other general industrial markets. The Complete Packaging business...Read More
Minneapolis, MN, August, 2022 – During June 2022, the mezzanine team principals formed NorthCoast Mezzanine (NorthCoast) coinciding with the successful closing and receipt of an SBIC license for its Fund III. Going forward, the principals of NorthCoast will continue their management of Spell Capital Mezzanine Partners SBIC, LP (Fund I) and Fund II (the Mezzanine Partnerships).NorthCoast, together with Spell Capital, will support the current portfolio of investments and wind-down...Read More