Minneapolis, MN, November, 2016 – Spell Capital Partners, a leading lower middle market private equity firm, announces its investment in Deacro Industries Ltd. as Spell’s second platform investment in Spell Capital Partners Fund V.The acquired business manufacturers slitting machines, roll slitters, rewinders and material handling equipment for the converting industry. As the industry leader in its field, Deacro is a good fit for Spell Capital, which has extensive experience...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 the second investment of Spell Capital Partners Fund IV . Spell...Read More
Spell Capital Equity Partners is pleased to announce the closing of Spell Capital Partners Fund V, LP, a $68.0 million private equity fund focused on the buyout of industrial manufacturing businesses. Fund V has acquired its first three platform investments and is actively seeking additional investment opportunities.Bill Spell, President and Founder, stated, “It’s an exciting time for Spell Capital; Fund V was 35% oversubscribed.”Spell Capital is...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 and commercial tubing markets. Spell Capital acquired GAF in March, 2014...Read More
Minneapolis, MN, February 2016 – Spell Capital Partners is pleased to announce its first investment in Spell Capital Partners, Fund V, alongside senior management, in Atlas Wire, LLC and its affiliates. Atlas Wire is a leading manufacturer of PVC, nylon, and cross-linked polyethylene (XLPE) insulated wire used in a variety of industries and applications.Bill Spell, President and founder of Spell Capital, commented, “Spell Capital is excited to...Read More
