Family Offices in Edina

Spell Capital Partners, LLC is an established investment firm specializing in private equity, with a focus on acquiring controlling interests in well-managed, historically profitable industrial manufacturing businesses. The firm targets companies within the lower middle market, emphasizing sectors such as plastics, capital equipment, packaging, precision metal fabrications, and various commercial products and services. Spell Capital collaborates closely with management teams, leveraging its expertise in acquisitions and financing to foster both internal growth and expansion through add-on acquisitions.Founded in 1988 by William "Bill" Spell, the firm has accumulated over 35 years of successful private equity investment experience. Initially managing both private equity and mezzanine capital, Spell Capital's mezzanine lending and secondary-investment business was sold in the summer of 2022 and subsequently renamed NorthCoast Mezzanine as part of Mr. Spell's succession planning strategy. Currently, new control equity deals are primarily funded by the Spell Family Office, following the investment of its fifth private equity buyout fund, Spell Capital Partners Fund V.Spell Capital Partners has a track record of strategic acquisitions and divestitures. Recent activities include the acquisition of MacDonald & Owen in March 2026 and All Star Corrugated in June 2024. Notable sales include Norshield Security Products in December 2024 and Complete Packaging in March 2024. The firm's portfolio has included diverse industrial companies such as Precision Production, Atlas Wire, LLC, Diamond Graphics, Durocolour, Northwood Foods, and Patriot Armor.The firm's investment professionals are recognized for their diverse backgrounds, successful investment track records, and extensive business networks. They bring long-standing experience in investing in lower middle market companies across various economic cycles. The team, led by Founder and President Bill Spell, includes key members such as Andrea Nelson (Chief Operating Officer/CFO), Jim Rikkers (Senior Managing Director), and Harry Spell (Managing Director), among others. They are committed to open communication, timely feedback, and a flexible approach to structuring transactions to meet the needs of sellers and drive long-term value creation.