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SPELL CAPITAL PARTNERS, LLC

SPELL CAPITAL PARTNERS, LLC is a Series C+ and buyout fund in the US, Asia, Australia, New Zealand and South America writing $5M–$25M checks into industrial-manufacturing, plastics, capital-equipment, packaging, precision-metal-fabrications and commercial-products.

Stages
Series C+, buyout
Sectors
industrial-manufacturing, plastics, capital-equipment, packaging, precision-metal-fabrications, commercial-products
Check size
$5M–$25M
Invests in
US-wide, Asia, Australia, New Zealand, South America
Round role
Leads rounds
Actively investing
Yes
Founded
1988
Assets under management
$700M

Thesis

Spell Capital Partners, LLC is a Minneapolis, Minnesota-based private equity firm founded in 1988. The firm focuses on acquiring controlling interests in well-managed, historically profitable industrial manufacturing, service, and distribution businesses. Their investment strategy centers on established manufacturing companies, particularly in sectors like plastics, capital equipment, packaging, and precision metal fabrications. Geographically, they invest in companies located in North America, Asia, Australia, New Zealand, and South America. Spell Capital targets companies with stable cash flow, typically with at least $5 million in EBITDA and $10 million in revenues. They prefer partnering with experienced management teams to grow businesses through internal initiatives and add-on acquisitions. Spell Capital Partners manages approximately $700 million in AUM and typically invests between $5 million and $25 million in equity per deal.

Common questions

Does SPELL CAPITAL PARTNERS, LLC invest at the Series C+ stage?

Yes. SPELL CAPITAL PARTNERS, LLC lists Series C+ and buyout among the stages it invests in.

What check size does SPELL CAPITAL PARTNERS, LLC write?

SPELL CAPITAL PARTNERS, LLC writes $5M–$25M checks.

Where does SPELL CAPITAL PARTNERS, LLC invest?

SPELL CAPITAL PARTNERS, LLC invests in the US, Asia, Australia, New Zealand and South America.