Minneapolis, MN, August 2014 – Spell Capital Partners is pleased to announce its investment, alongside senior management, in Animal Adventure, Inc. and its affiliates. Animal Adventure, a designer and distributor of plush toys for the children’s and pet retail markets, was established in 1998 as a small distributor of plush toys to department stores and mid-tier retailers. Today, the company serves customers around the world including regional department...Read More
Minneapolis, MN – July 2014Thomas W. Morgan, CFA – Senior AssociateTom Morgan has joined the firm as Senior Associate to the private equity team. Prior to joining Spell Capital, he spent over five years at William Blair & Company as an Institutional Equity Sales Professional. Tom has a MBA from the UCLA Anderson School of Management where he was a Student Investment Fund Fellow and a Bachelor...Read More
Minneapolis, MN, July 2014 – Spell Capital announces that Lyle Industries has been acquired by Thermoforming Technology Group (TTG), a portfolio company of Spell Capital.Founded in 1965, Lyle Industries is a leading producer of high-performance thermoforming equipment, trim presses and bottle trimmers. The company serves customers around the world with new equipment, parts, service and technology for a wide range of industries, including food packaging, horticulture, medical,...Read More
Minneapolis, MN, July 2014 – Spell Capital announces that PSA (Production Services Associates) has been acquired by American Card Services, a portfolio company of Spell Capital. This is the second acquisition this year for the portfolio company, the other being Vesta Card in Scottsdale, AZ.PSA is a premier large run card manufacturer and production management company which offers turnkey solutions for the gift, loyalty and membership markets....Read More
Minneapolis, MN, April 2014 – Spell Capital announces the sale of the Arrow Manufacturing Division of its portfolio company, Premier Precision Group, to Chandler Industries, Inc., a portfolio company of Arch Equity Partners.The Arrow Manufacturing Division, located in Littleton, Colorado provides high precision machined components principally to the aerospace and medical industries. The Arrow Division occupies 96,000 square feet of production space and employs approximately 80 people. The existing...Read More
