January, 2022
Diamond Graphics, the Total Solution Gift Card Manufacturer, based in Ramsey, MN, is excited to announce its sale to Spell Capital Partners of Minneapolis, MN.
Started in 1998, Diamond Graphics is one of the largest and most trusted card manufacturers in the country producing hundreds of millions of cards annually. Along the way Diamond Graphics has grown in its capabilities and services, offering best in class card production, personalization, packaging, distribution and direct mail services to their valued clients.
Spell Capital, founded in 1988, is engaged in the acquisition of controlling interests in well-managed, historically profitable industrial manufacturing businesses. With over $1Billion in capital under management, Spell uses their deep expertise in acquisitions and financing to collaborate with management and grow the businesses. With the acquisition of Diamond Graphics, Spell Capital currently has control ownership in 16 companies across its equity portfolio.
Bill Spell, President of Spell Capital, said, “We are delighted to be partnering with the management team at Diamond, as well as its outstanding employee base. Diamond has a strong reputation in the industry and they have done an incredible job building a business and providing their customers with the highest quality products and customer service. We are excited for the opportunity to take Diamond Graphics to the next level.”
Rob Harris, incoming President of Diamond Graphics, said, “Diamond Graphics has a tremendous history as a best-in-class card manufacturer with a history of exceptional client service and innovation. I am excited to be working with such a talented team and look forward to building upon that foundation as we solidify ourselves as the premier go to company for all things cards.”
For more information regarding Diamond Graphics, please contact Rob Harris, President & CEO at robharris@dgiusa.net. For more information about Spell Capital, please contact Jim Rikkers, Senior Managing Director at jim@spellcapital.com.
