Wingspire Capital added David Gittleman to the firm as head of capital markets. Previously, Gittleman was a senior managing director at Steel City Capital Funding and president and CEO of Cratos Capital Partners.
PNC Bank served as administrative agent for a $80 million credit facility for Shur-Line, a portfolio company of Nova Capital Management. The financing will support Nova’s acquisition of World and Main.
PNC Bank closed a $37 million senior secured credit facility for Derby Fabricating Solutions, a portfolio company of Prophet Equity Management.
PNC Bank announced the closing of $50 million in senior secured financing for a portfolio company of private equity firm Hammond, Kennedy, Whitney & Company. Steel City Capital Funding provided a portion of the financing.
PNC announced $27 million in senior secured financing for Blue Wolf Capital Partners. The financing includes a $15 million term loan, a $12 million ABL revolver and treasury management.