Minneapolis, MN – April 2012. Spell Capital has announced that it has sold its portfolio company, Arctic Fox, in a transaction that returned over 4.5 times its investment. Spell acquired Arctic Fox on April 2007 and during the five years of Spell’s ownership, the company grew from $13.7 million in sales with an EBITDA of $2.8 million to $29.7 million in sales with an EBITDA of $8.1 million....Read More
Minneapolis, MN – March 2012. Spell Capital has announced that it has sold its portfolio company, LAI International, Inc. in a transaction that returned over 7.0 times our investment. Spell acquired LAI in June of 2005 and during the 6½ years of Spell’s ownership, Spell consummated two add on acquisitions and grew the company from $16.0 million in sales to $44.0 million in sales. LAI was the last...Read More
LAI InternationalLAI International, Inc. is a leading contract manufacturer of make-complete precision-engineered components and assemblies for aerospace, power generation, defense, medical and other advanced technology industries. The companyʼs technology, engineering and manufacturing solutions are used to build components for airframes,aircraft engines, power generators, defense systems, medical devices and other industrial applications. LAI has developed strategic relationships with leading global OEMs and operates five U.S. manufacturing facilities,...Read More
Norshield Security Products is the industry leader in attack protection systems providing the most comprehensive security product offering in the industry. Norshield products include steel and aluminum blastresistant, bullet-resistant, and attack-resistant doors, windows, and guard enclosures. Additionally, Norshield offers perimeter security systems including fencing and vehicle barrier systems to protect against vehicleintrusion at secure facilities. Providing detailed specifications and engineering drawings, Norshield is the source for architects and contractors for securing ingress, egress, and...Read More
Pacific Press Technologies (PPT) is a diversified capital goods manufacturer. PPT!s Brown Machine is the largest North American and third largest worldwide manufacturer of continuous and cut-sheet thermoforming machines. Pacific Press Technologies is the largest NorthAmerican manufacturer of hydraulic presses, press brakes and shears. By adding Kason, PPT expands the scope of its capital goods offerings. Website: www.pacific-press.com/PPT/ Kason is a manufacturer of screening and processing equipment for bulk solid materials and slurries including...Read More
