Spell Capital Partners Invests in Complete Packaging

Specialized Packaging Group Acquires Complete Packaging from Spell Family Office

December 31, 2023

Packaging

Specialized Packaging Group (SPG), a portfolio company of Altamont Capital Partners, acquired Monroe, Michigan-based Complete Packaging from the Spell Family Office in late 2023. The add-on purchase expands SPG’s engineered/protective packaging capabilities and Midwest footprint while adding roughly 90 employees to SPG’s ~1,600-person workforce.

Spell Capital Partners Acquires Grigg Box

May 4, 2020

Manufacturing

Spell Capital Partners has acquired Grigg Box, a Detroit-based producer of industrial custom wood packaging serving government, commercial and military customers. The private equity firm said it will partner with senior management to grow the business and expand its packaging services for domestic and export shipments.

Spell Capital Partners Invests in Precision Production

May 4, 2020

Manufacturing

Spell Capital Partners has made an investment in Precision Production, a Strongsville, Ohio–based niche manufacturer of Swiss screw machined products and high-pressure fittings. Spell Capital will partner with senior management to grow the business and is actively seeking add-on acquisitions to build the platform.

Spell Family Office Acquires All Star Corrugated

June 18, 2024

Packaging

Spell Family Office, via Spell Capital Partners, has acquired All Star Corrugated, a Fort Worth, Texas-based corrugated packaging manufacturer. The buyer plans to invest in new equipment and expand the company's manufacturing footprint to support customer demand growth in the Dallas/Fort Worth market.

Altamont Capital Partners Acquires Specialized Packaging Group

January 6, 2021

Packaging

Altamont Capital Partners has acquired Specialized Packaging Group, Inc. (SPG) from founder Paul Gaulin. SPG is a vertically integrated manufacturer of protective and engineered packaging (operating the IVEX and Engineered Packaging divisions) with facilities across the U.S., Canada and Mexico; Gaulin is retiring as CEO but will remain on the board as a minority investor and Altamont plans to pursue growth, footprint expansion and potential add-on acquisitions. Terms were not disclosed; financing was provided by Monroe Capital and Churchill Asset Management.

Spell Capital Partners Acquires Diamond Graphics

January 10, 2022

Packaging

Spell Capital Partners, a Minneapolis-based private equity firm, has acquired Diamond Graphics, a Ramsey, Minnesota-based gift card and plastic card manufacturer. Spell Capital said it will partner with Diamond's management and employees to grow the business and pursue further investment opportunities.