Wingspire Capital provided a senior secured credit facility to AvAir, a global supplier of aftermarket parts for commercial passenger and cargo aircraft.
Wingspire Capital hired Dave Turco as a managing director on its business development team. Turco is based in Boston and will assist in expanding Wingspire Capital’s national presence by originating senior secured credit facilities for private and publicly traded companies in the Northeast.
Wingspire Capital funded a $60 million senior secured working capital facility for Franchise Group, an owner and operator of franchised retail stores.
Wingspire Capital is funding a $30 million senior secured working capital revolver to a distributor in after-market auto parts, consumer electronics and personal protective equipment.