private equity firm industry financial services and asset management founded 1988 founder william spell headquarters minneapolis minnesota total assets 325 million aum website spellcapital.com spell capital partners is based in minnesota and specializes in the management of private equity and mezzanine capital . the current president william spell founded the company in 1988 and the company is one of the oldest private equity firms in the united states . 1 currently the firm has a total of 325 million assets under management aum and in 2016 had successfully completed over 130 acquisition transactions . currently spell capital is investing from spell capital partners fund v and spell capital mezzanine partners . 2 spell capital is split into two divisions spell capital private equity and spell capital mezzanine . private equity focuses on acquiring controlling interests in industrial manufacturing companies while spell capital mezzanine provides subordinated debt and non control equity to businesses in a variety of industries . 3 contents 1 background 2 history 3 recognition 4 references background edit spell capital partners llc is a private equity firm specializing in subordinated debt mezzanine debt buyouts growth capital acquisitions middle market investments add on acquisitions and management buy outs . spell capital partners differentiate themselves from typical private equity funds as the company s partners personal investments account for 20 40 % of each fund . the firm has 5 managing directors consisting of james w. rikkers andrea nelson paul meyering mark mcdonald and stacy harmsen . the firm currently has 19 employees . the firm sources and owns businesses across the united states but has preference for opportunities located in the upper midwestern states of minnesota iowa wisconsin north dakota south dakota indiana illinois indiana and nebraska . the firm primarily invests between 2.0 million and 20.0 million in companies generating minimum revenues of 5.0 million enterprise value between 10.0 million and 50.0 million and having an ebitda between 1.5 million and 10.0 million . 1 spell capital partners focuses on making investments in industrial manufacturing businesses with strong management teams and has expertise in the plastics industry . history edit bill spell a former investment banker founded the company in 1988 drawing upon his prior experience as vice president and director of corporate finance at a midwest based investment banking firm . 4 spell capital launched fundraising for its fifth private equity fund spell capital partners fund v in september 2015 and held a first close 45 days later . the fund is currently 65.0 million and over subscribed by 25 % . spell acquired the first portfolio company atlas wire in early 2016 . during january 2012 spell capital launched its first mezzanine fund with a goal of approximately 100 million in total capital . the fund closed in spring 2013 with subscribed at over 140 million . this fund provides subordinated debt and non control equity to businesses in a variety of industries across the united states targeting companies with 2 15 million of ebitda . 5 in 2016 spell sold thermoforming technology group the final portfolio company in fund iii . recognition edit spell capital partners has received three nominations for deal of the year from buyouts magazine . in april 2013 spell capital s arctic fox transaction was nominated for turnaround deal of the year and lai international was nominated for small market deal of the year . in 2007 copperfield inc. was a finalist for the middle market deal of the year . references edit a b spell capital partners . insideview . retrieved 7 october 2013 . spell capital partners raises 32m . biz journals . retrieved 7 october 2013 . official website . spell capital . retrieved 7 october 2013 . company overview of peerless industrial group inc. . businessweek . retrieved 7 october 2013 . spell capital partners launches new fund . pe hub . retrieved 7 october 2013 . retrieved from https en.wikipedia.org w index.php title spell capital partners & oldid 723515398 categories investment navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 3 june 2016 at 14 00 . text is available under the creative commons attribution sharealike license ; 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