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 and Piney Lake Capital Management provided a unitranche senior credit facility to Acousti Engineering Company, a non-residential constructor subcontractor based in Florida that operates across the Southeast.
Wingspire Capital agented a senior secured revolving credit facility for a specialty finance company that offers senior secured loans to consumer products companies. Wingspire Capital agented the facility and brought in Encina Lender Finance as a partner.
Wingspire Capital announced several changes to its executive leadership team, including the retirement of Josh Rosin, the company’s president and chief operating officer, and the promotion of James Garlick to the newly created role of head of Wingspire Corporate Finance.
Asset-based lending is an industry built on making deals, but at the heart of every one of those transactions is a financial solution for a business. To honor this fundamental pillar of the industry, ABF Journal is proud to present its second annual Deals of the Year listing to provide a more in-depth look at some of the most intriguing and impactful transactions of 2023.
Wingspire Capital agented a $50 million senior secured credit facility for Conserv Capital, a provider of equipment financing for small to mid-sized businesses in the construction industry and for independent owner-operators in the long-haul trucking industry.
Wingspire Capital provided senior secured capital, as part of an agented transaction by TCW Asset Management Company, to Lenny & Larry’s as the cookie company refinances debt and grows its business.
Wingspire Capital and Star Mountain Capital co-agented a senior secured financing for Versar, an engineering, environmental and security services company, to refinance a previous credit facility and to provide capital for an acquisition.
Wingspire Capital committed a $35 million senior secured term loan and a $15 million revolver to Tooling Tech Group, a tooling provider based in Fenton, MI.
Wingspire Capital provided a senior credit facility to Sunland Asphalt & Construction as part of a refinancing that includes growth capital for the Phoenix-based provider of asphalt paving maintenance and repair services.