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Wingspire Capital Provides $230MM+ of Commitments in 1Q23
April 18, 2023
By Wingspire Capital LLC
ATLANTA — April 18, 2023 — Wingspire Capital LLC is pleased to announce that it completed five transactions with cumulative commitments of more than $230 million in the first quarter of 2023.
The types and sizes of the transactions were diverse, as were the borrowers — ranging from a major cosmetics brand to a travel technology platform to a global cloud networking provider. The senior secured credit facilities included revolvers, exit financing as part of a pre-packaged bankruptcy, an add-on financing term loan, and an agented $125 million facility.
Wingspire Capital works with sponsors, principal investors, referral sources and management teams to provide senior secured facilities tailored to the specific needs of each client. Taking a collaborative, thoughtful and practical approach that provides a greater certainty to close, Wingspire Capital’s credit solutions elevate middle market companies across numerous industries.
About Wingspire Capital
Wingspire’s product offerings, up to $200 million in transaction size, include revolving lines of credit, cash flow loans, fixed asset term loans, first-out term loans & revolvers, equipment leases, sale leasebacks and other one-stop solutions. Industries financed include business services, consumer products, e-commerce & retail, food & beverage, manufacturing, distribution, transportation & logistics, automotive, technology applications, and financial services.
Wingspire is a portfolio company of Owl Rock Capital Corporation (NYSE: ORCC), which is externally managed by Owl Rock Capital Advisors LLC, an SEC-registered investment adviser. Owl Rock is a division of Blue Owl Capital (NYSE: OWL), a global alternative asset manager with approximately $138.2 billion of assets under management as of December 31, 2022. To learn more, please visit wingspirecapital.com.