Bill Spell has been involved in the investment banking industry since 1981. His areas of expertise are in mergers and acquisitions, raising capital and financial management.
Spell was vice president and director of corporate finance from 1981-88 at John G. Kinnard & Co., a regional Investment banking firm in Minneapolis. Since 1988, he has invested as a principal.
Currently Spell is president of spell Capital Partners LLC, a Minneapolis-based private equity firm engaged in management buyouts and leveraged acquisitions. That firm is the manager of Spell Capital Partners Fund I LP, a private equity fund. He currently also serves as chief executive officer of Eagle Pacific Industries Inc., a plastic pipe and tubing manufacturer acquired in a leveraged transaction 1993.
Eagle Pacific recently closed an $80 million deal to buy Eugene, Ore.-based Pacific Western Extruded Plastics Co. from Mitsubishi Chemical America Inc., creating the second-largest PVC pipe producer in the United States. Eagle Pacific reported sales of $77.5 million in 1998; PW Pipe, as the acquired firm is known, had sales last year of $180 million.
The deal gives Eagle Pacific a fleet of six plants in Oregon, Utah, Washington and California to add to its existing three. The company also plans to shift its operational headquarters from Hastings, Neb., to Eugene.
Spell, meanwhile, has served on the board of directors of a number of public and private companies, including several nonprofit organizations. He has a bachelor of science degree and an MBA degree from the Carlson School of Management at the University of Minnesota.