Wingspire Capital provided a $75 million revolving line of credit to Signature Brands, which used the senior secured credit facility to refinance an existing debt facility and to provide enhanced liquidity, as the facility was structured to account for the seasonality of the business.
Wingspire Capital provided a revolver as part of a unitranche senior credit facility to Gehl Foods, which used the proceeds to refinance previous debt and to fund an acquisition to expand its manufacturing capabilities.
Wingspire Capital provided a $40 million senior secured revolving credit facility to Corsicana Mattress Company as the mattress manufacturer repositions itself for growth.
Wingspire Capital provided a $30 million senior secured credit facility to a manufacturer and distributor of specialty concrete production and handling equipment.
MB Business Capital promoted William Bence from portfolio management to vice president/business development officer and added John Robinson as senior vice president/business development officer.