Spell Capital Partners
Financial ServicesMinnesota, United States2-10 Employees
Spell Capital Partners, LLC is a private equity manager based in Minneapolis, Minnesota, focused on owning and growing middle-market industrial businesses through controlling equity investments. The firm operates two distinct funds—its private equity buyout fund and a mezzanine fund—operating with advisory boards and established lender and professional networks to support acquisitions and financing. Its private equity activities center on acquiring well-managed, historically profitable industrial manufacturers and using strategic add-ons to drive expansion alongside management teams. The mezzanine arm provides subordinated debt and non-control equity to a range of U.S. businesses, supporting leveraged acquisitions and growth initiatives for middle-market sponsors, owner transitions, and recapitalizations. In recent years, Spell Capital has pursued acquisitions in sectors including hardwood lumber and corrugated packaging, while maintaining recognition within the private equity community.