Wingspire Capital Provides $40 Million Senior Secured Financing to Mass Transit Technology Firm

ATLANTA – September 17, 2024 — Wingspire Capital is pleased to provide $40 million in senior secured financing to a technology firm that provides solutions for mass transportation systems.

The transaction includes a $20 million revolver and a $20 million term loan. Proceeds are being used to replace a previous loan while also providing additional liquidity and growth capital with more flexible terms.

“We enjoyed working with the executive team and sponsor to deliver a creative capital solution that provides flexibility and new liquidity to support the company’s growth,” said David Phillips, Managing Director at Wingspire Capital.

ABOUT WINGSPIRE CAPITAL

Wingspire Capital offers one-stop solutions of up to $200 million for middle market companies, including revolving lines of credit, cash flow loans, fixed asset term loans, first-out term loans & revolvers, lender finance solutions, equipment leases, and sale leasebacks.  Industries financed include business services, consumer products, e-commerce & retail, food & beverage, healthcare, manufacturing, distribution, transportation & logistics, automotive, technology applications and financial services. 

Wingspire Capital is a portfolio company of Blue Owl Capital Corporation (NYSE: OBDC). OBDC is externally managed by Blue Owl Credit Advisors LLC, an indirect affiliate of Blue Owl Capital, Inc. (NYSE: OWL). Blue Owl Capital, Inc. is a global alternative asset manager with over $192 billion of assets under management as of June 30, 2024. For further information about Wingspire Capital, visit www.wingspirecapital.com.