Minneapolis, MN, March 2018 – Spell Capital Partners, LLC is pleased to announce its 7th platform investment in Fund V with the acquisition of 3P Processing. Headquartered in Wichita, KS, 3P is a full-service provider of metal finishing, testing and inspection process services to the Aerospace & Defense sector, specializing in complex geometric and high-precision parts. Paul Meyering, Senior Managing Director, commented, “we are very excited to partner...Read More
Spell Capital Partners Fund Vportfolio company, Viking Plastics, is a leading manufacturer of custom injection molded products and assemblies for the automotive, HVAC and industrial markets. In November 2016, Spell Capital Partners Fund V, acquired a controlling interest in Viking Plastics and in April 2017 Viking Plastics closed it first add-on acquisition, Kentucky Molding & Technology. Viking Plastics is looking to continue to expand through the...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 partnership.Read More
Minneapolis, MN, December 2017 – Spell Capital Partners, LLC is pleased to announce its 6th platform investment in Fund V with the acquisition of Palletec, LLC (DBA: Viking Engineering & Development.) Headquartered in Fridley, MN, Viking specializes in the design and manufacturing of state-of-the-art machinery for automated wood pallet and bedding manufacturing, along with the related fasteners, replacement parts and service. Founded in 1975, Viking...Read More
Minneapolis, MN, June 2017 – Spell Capital Partners, LLC is pleased to announce its 5th platform investment in Fund V with the acquisition of Jet Edge. Spell Capital acquired Jet Edge as a carve-out from a parent corporation and is partnering with the existing management team to continue to provide world-class systems and solutions to its customers. Headquartered in St. Michael, MN, Jet Edge is a leading manufacturer...Read More
