Spell Capital Partners

Spell Capital Partners, LLC is a private equity and mezzanine capital firm located in Minneapolis, Minnesota, established in 1988. With over 25 years of industry experience, the firm specializes in equity and debt investments primarily within the industrial and manufacturing sectors in the United States. The team at Spell Capital comprises seasoned professionals recognized for their successful investment histories and diverse expertise. Currently, the firm is actively investing through its fourth private equity buyout fund, as well as its inaugural mezzanine fund. Spell Capital focuses on various sectors, including plastics, packaging, precision metal fabrication, and commercial products and services, demonstrating a clear commitment to fostering growth in these industries.

Brent Haukom

Vice President

Paul Perseke

Operating Partner

Peter Ploumidis

Operating Partner

Bruce A. Richard

General Partner

Jim Rikkers

Senior Managing Director

James W. Rikkers

Senior Managing Director

Bill Spell

Founder / President

Harry Spell

Managing Director

2 past transactions

Anchor Fabrication

Debt Financing in 2015
Anchor Fabrication is a full service metal fabrication business that serves the rail, industrial, heavy truck, oil and gas, and the logistics industry. Proceeds of the facility were used to facilitate the acquisition of Abby Manufacturing, fund ongoing growth initiatives and working capital. Abby Manufacturing, based in Walnut, Mississippi is a metal fabrication business operating with three facilities in Mississippi. Abby primarily serves the elevator, defense, and ground support equipment markets.

Fiberstar

Debt Financing in 2013
Fiberstar, Inc. is a research and development company based in River Falls, Wisconsin, specializing in the production of natural ingredients that enhance food freshness and nutrition. The company is known for its Citri-Fi line, which consists of multi-functional fibers derived from orange pulp, aimed at improving food quality, nutritional value, and label transparency. Citri-Fi products are utilized in various applications, including moisture management, oil and fat reduction, and as replacements for synthetic ingredients in a wide range of food categories such as bakery items, dairy products, sauces, and snacks. Additionally, Fiberstar produces Hydro-Fi, a texturizing ingredient for the food industry. The company holds an exclusive worldwide license for patented biotechnology developed at the University of Minnesota, and its ongoing investment in research has facilitated the development of innovative solutions for the food, personal care, and industrial markets.
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