Wingspire Capital Provides $25 Million Revolver to Aftermarket Performance Group
November 12, 2024
Source: Wingspire Capital
ATLANTA – November 11, 2024 — Wingspire Capital provided a $25 million revolver to Aftermarket Performance Group (“APG”), a leading vertically integrated wholesale distributor, e-tailer, and manufacturer for performance aftermarket parts and accessories for enthusiasts in the compact performance, Jeep, off-road, and pickup truck markets and includes top brands of Northridge 4x4, Stage 3 Motorsports, PRL Motorsports, Adams Driveshaft and Rallysport Direct.
Proceeds were used to refinance a previous credit facility with a bank, and provide additional flexibility and liquidity for APG.
“We are pleased to provide a credit facility that gives APG the liquidity needed to meet their evolving needs and empower the business to perform,” said Ryan Jones, Managing Director at Wingspire Capital.
APG is a portfolio company of Monroe 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 $235 billion of assets under management as of September 30, 2024. For further information about Wingspire Capital, visit www.wingspirecapital.com.