Private Equity Firm Manufacturing

Spell Capital Partners

Edina, Minnesota, United States

Spell Capital Partners, LLC is an established manager of private equity and mezzanine capital based in Edina/Minneapolis, Minnesota. The firm invests in controlling interests in historically profitable industrial manufacturing businesses and supports growth through internal initiatives and add-on acquisitions; it also provides subordinated debt and non-control equity via its mezzanine strategy.

Focus Areas
Industrial manufacturing, Industrial and packaging manufacturing, Precision machining

Tracked deals

9

9 tracked deals across 2019-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Buyout

9 buyout

Spell Capital Partners Acquisition Volume by Year

Last 6 years

Acquisition volume by year Annual acquisition counts for the last 6 years for Spell Capital Partners. 1 2019 3 2020 1 2021 2 2022 1 2024 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Spell Capital Partners (Spell Family Office) Acquires MacDonald & Owen
    March 2, 2026
    Buyer
    Spell Capital Partners (Spell Family Office)
    Target
    MacDonald & Owen
    Industry
    Manufacturing
    Location
    Wisconsin, United States
    Type
    Buyout

    Spell Capital Partners, acting through the Spell Family Office, acquired MacDonald & Owen in partnership with the company’s existing management team. The investment is described as a long-term, values-driven ownership arrangement, with leadership continuing and maintaining a meaningful stake.

  • Spell Family Office Acquires All Star Corrugated
    June 18, 2024
    Buyer
    Spell Capital Partners, Spell Family Office
    Target
    All Star Corrugated
    Industry
    Packaging
    Location
    Texas, United States
    Type
    Buyout

    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.

  • Columbia River Partners Leads Investment in Custom Computer Specialists
    February 10, 2022
    Buyer
    Columbia River Partners, Tecum Capital Partners, Everside Capital Partners, Spell Capital Partners, Unity Hunt, Enterprise Bank & Trust
    Target
    Custom Computer Specialists, Inc.
    Industry
    IT Services
    Location
    New York, United States
    Type
    Buyout

    Columbia River Partners led a strategic investment in Custom Computer Specialists, a Hauppauge, New York-based IT services provider, with capital support from Tecum Capital Partners, Everside Capital Partners, Spell Capital Partners, Unity Hunt and Enterprise Bank & Trust. The investment will fund expansion of Custom's technology offerings and services into the K-12 Chromebook market and further growth across education, healthcare and commercial end markets in the Northeast.

  • Spell Capital Partners Acquires Diamond Graphics
    January 10, 2022
    Buyer
    Spell Capital Partners
    Target
    Diamond Graphics
    Industry
    Packaging
    Location
    Minnesota, United States
    Type
    Buyout

    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.

  • Spell Capital Partners Acquires Duromer Products (Australia) and DuroColour Vietnam
    September 15, 2021
    Buyer
    Spell Capital Partners
    Target
    Duromer Products Pty, DuroColour Vietnam Ltd
    Industry
    Manufacturing
    Location
    New South Wales, Australia
    Type
    Buyout

    Spell Capital Partners acquired Duromer Products Pty (Sydney, Australia) and DuroColour Vietnam Ltd (Ho Chi Minh City, Vietnam) to expand its footprint in the compounding and masterbatch manufacturing space across Oceania and Asia. The deal strengthens Spell's presence in thermoplastic compounds, colorant masterbatches and related additives as it builds platform investments in the region.

  • Spell Capital Partners Acquires Grigg Box
    May 4, 2020
    Buyer
    Spell Capital Partners
    Target
    Grigg Box
    Industry
    Manufacturing
    Location
    Michigan, United States
    Type
    Buyout

    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
    Buyer
    Spell Capital Partners
    Target
    Precision Production
    Industry
    Manufacturing
    Location
    Ohio, United States
    Type
    Buyout

    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 Capital Invests in Asian Pacific Colorants Pty Ltd
    April 8, 2020
    Buyer
    Spell Capital Partners
    Target
    Asian Pacific Colorants Pty Ltd
    Industry
    Manufacturing
    Location
    Australia
    Type
    Buyout

    Spell Capital, a Minneapolis-based private equity firm, announced an investment in Asian Pacific Colorants Pty Ltd, the largest supplier of plastic masterbatch colorants in Australia and New Zealand. Asian Pacific Colorants operates four plants across ANZ, employs 100+ people and generates over $55 million in annual sales; Spell Capital said the deal represents a re-entry into the masterbatch business and that it is pursuing additional global opportunities in the sector.

  • Spell Capital Partners Invests in Complete Packaging
    July 10, 2019
    Buyer
    Spell Capital Partners, Complete Packaging senior management
    Target
    Complete Packaging
    Industry
    Manufacturing
    Location
    Michigan, United States
    Type
    Buyout

    Spell Capital Partners has made a private equity investment in Complete Packaging, partnering alongside the company’s senior management. Complete Packaging, headquartered in Monroe, Michigan, is a supplier of precision engineered corrugated and wood packaging solutions serving automotive and industrial end markets; Spell Capital said it will work with management to expand the business.

Related Acquisition Pages

Manufacturing Buyers & Acquisitions 6 tracked deals by Spell Capital Partners. Packaging Buyers & Acquisitions 2 tracked deals by Spell Capital Partners. IT Services Buyers & Acquisitions 1 tracked deal by Spell Capital Partners. Acquisitions in Michigan 2 tracked deals by Spell Capital Partners. Acquisitions in Minnesota 1 tracked deal by Spell Capital Partners. Acquisitions in New York 1 tracked deal by Spell Capital Partners. Acquisitions in Ohio 1 tracked deal by Spell Capital Partners.

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