Norwest Mezzanine Partners Invests In Spinrite, Inc.
November 16, 2007
Norwest Mezzanine Partners invested a total of $28.4 million of senior subordinated notes, junior PIK notes, and common equity to support the go-private acquisition of Spinrite, Inc., a leading manufacturer and marketer of craft yarns serving the North American retail marketplace.
Sentinel Capital Partners, served as the private equity sponsor for this transaction. Visit www.sentinelpartners.com for more information.