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.
Wingspire Capital provided a $40 million senior secured credit facility to Theragenics, a developer and manufacturer of medical devices. The transaction included a $20 million revolving line of credit and a $20 million term loan.
The Secured Finance Network (SFNet) added to its executive and management committees for fiscal year 2022. These leaders guide the association, make policy decisions, confirm new members and provide thought leadership in advocacy and education.
Wingspire Capital agented a $200 million senior secured credit facility to Maurices, a U.S.-based women’s clothing retail chain with 898 stores in the U.S., Canada and online. The credit facility consists of a $100 million revolving line of credit and a $100 million term loan.
Wingspire Capital provided a $50 million senior secured revolving line of credit to SG Credit Partners to support the company’s growth trajectory.
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 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.
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.