Wingspire Capital agreed to acquire Liberty Commercial Finance. The acquisition will provide Wingspire Capital with a direct originations platform that has a nationwide market presence in the United States providing equipment finance solutions to middle-market companies.
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 $30 million revolving line of credit to Ashley Stewart to refinance debt and to support future growth. Ashley Stewart is an omnichannel retailer that sells apparel for plus-size women.
Wingspire Capital appointed Doug Sylvia to the newly created role of chief risk officer for Wingspire Equipment Finance. With two decades of experience as a senior credit officer, portfolio manager and underwriter, Sylvia was most recently a senior vice president and lending manager at Wells Fargo.
Wingspire Capital and TCW Asset Management Company together provided a unitranche senior credit facility to women’s apparel brand cabi. cabi, which is majority owned by Sentinel Capital Partners, is using the proceeds to propel anticipated growth.
Wingspire Capital provided a senior secured credit facility to AvAir, a global supplier of aftermarket parts for commercial passenger and cargo aircraft.
Wingspire Capital achieved a milestone, exceeding $1 billion in commitments in its second year of operations as it provided more than $600 million in senior secured financing commitments during 2021.
Specialty finance firm Wingspire Capital expanded its product mix with the creation of a dedicated equipment finance division and named Tom Murray managing director of equipment finance.
Wingspire Capital provided $50 million of a revolving line of credit facility to keg sales and rental company MicroStar Logistics as part of a larger agented transaction led by Ares Commercial Finance.
Ares Commercial Finance led the financing of a $210 million senior secured cross-border revolving line of credit for MicroStar Logistics, a portfolio company of Freeman Spogli.