Minneapolis, MN, November 2013 – Spell Capital announced the sale of the Minnesota-based operations of Spectrum Plastics Group to Pexco, an affiliate of Odyssey Investment Partners, LLC.The Minnesota-based operations provide precision injected molding services to customers principally in the medical and surgical, defense and aerospace markets. The Minnesota operation employs approximately 160 people within a 105,000 square foot facility. The existing plant leadership will continue...Read More
Minneapolis, MN, November 2013 – Spell Capital announces the sale of Kason Corporation, a division of its Fund III portfolio company,Capital Equipment Group, to Baird Capital.Kason Corporation, based in Millburn, N.J., manufactures circulatory vibratory screeners and centrifugal screeners designed to separatebulk solid materials from solids and slurries, and a line of fluid-bed processors for drying, cooling, or moisturizing of bulk solids. SpellCapital acquired Kason Corporation...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 and consumer industries. The existing leadership team will continue with the...Read More
Minneapolis, MN, June 2013 – Spell Capital announces the sale of Pacific Press Technologies, a division of its Fund III portfolio company, Capital Equipment Group, to Quality Products, Inc., a manufacturer of hydraulic press tools (“Mulitpress”). After the sale of Pacific Press Technologies, Capital Equipment Group operates two remaining businesses, Kason Corporation and Brown Machine.Pacific Press Technologies is a worldwide leader in hydraulic press and metal fabrication...Read More
Data Manufacturing, St. Louis, Missouri, (dba: American Card Services) is a leading manufacturer of printed gift and loyalty cards for global retail merchant payment processors. American Card Services has developed a niche expertise in manufacturing and fulfilling short run gift card orders for retailers around the United States. The company’s proprietary order entry software interface enables unparalleled quality and turn-around time in the industry.In 1997, American...Read More
