Oak Hill Advisors (“OHA”) served as Lead Left Arranger for a private unitranche facility supporting the acquisition of Farsound Aviation Limited by private equity sponsor Onex. Farsound is a leading global supply chain solutions provider for the...
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October 23, 2024, 07:30 AM
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Trinity Capital announced the commitment of $30 million in growth capital to Slingshot Aerospace, a leader in AI-powered solutions for satellite tracking, space traffic coordination, and space modeling and simulation.Based in El Segundo, CA...
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September 13, 2024, 07:31 AM
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Air Industries Group, a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, reached an agreement with Webster Bank, its primary lender to amend the Company’s Current Credit Facility.The...
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LSQ originated a $3 million accounts receivable credit facility for an aerospace manufacturer based in New Jersey. The company was referred to LSQ by a former client. As part of the partnership, LSQ will also provide the company with comprehensive...
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Aequum Capital provided a $5MM revolving credit facility and $4.3MM Term Loan to a Midwest based manufacturing company. The proceeds of the Facilities were used to refinance the Company's Main Street Loan ("MSL") which was facing a near term maturity...
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Wintrust Business Credit (WBC) closed a new $15,000,000 ABL line of credit for a Southeast-headquartered aerospace distribution business with subsidiaries from the Southwest to the Northeast. The Company supplies fasteners and other products to...
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LSQ originated a $20 million account receivable credit facility for an Ohio-based aerospace tooling and precision assemblies manufacturer. The company was referred to LSQ by a wealth management advisor. The additional working capital will be used to...
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Trinity Capital announced the commitment of $120 million in equipment financing to Rocket Lab USA, Inc., a leading provider of space launch services and advanced satellite technology.Based in Long Beach, California, Rocket Lab is an end-to-end space...
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February 21, 2024, 07:36 AM
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Gordon Brothers provided a five-year operating lease to an Ohio-based aerospace and defense solutions provider for 15 late-model CNC machine tools worth more than $5 million. The provider will use the equipment in support of its precision...
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February 14, 2024, 07:40 AM
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Spark-Binder Capital closed a $13 million unitranche credit facility to a vertically integrated aerospace company. The company has manufacturing, distribution as well as repair capabilities. It operates primarily in the military sector of aerospace...
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January 09, 2024, 07:34 AM
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Siena Lending Group completed a $20 million asset-based revolving line of credit for a privately held aerospace manufacturer (“AM”) headquartered in Ontario, Canada. The facility was established to repay certain existing shareholder debt and to...
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September 26, 2023, 07:50 AM
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Oxford Commercial Finance provided a $3MM asset-based line of credit to a Florida-based Aerospace company, specializing in components for APU/IDG Stators, Rotors, Pump Motor Stators and exciter fields and other electronic components.
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September 06, 2023, 07:07 AM
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TradeCap Partners recently closed a $1,000,000 Purchase Order Finance Facility with an aerospace parts distributor based in Florida.Continued year over year growth combined with an existing credit facility structured around a single customer was...
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August 15, 2023, 07:00 AM
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Great Rock Capital announced the January 19, 2023 closing of a $90 million senior secured term loan facility with Astronics Corporation (“Astronics”), an aerospace electronics corporation that provides advanced technologies to the world’s aerospace...
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February 14, 2023, 07:58 AM
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Curtiss-Wright Corporation entered into a new credit agreement with a group of eight banks increasing the size of its revolving credit facility to $750 million, while also expanding the accordion feature to $250 million. The new replacement credit...
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Air Industries Group, an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, announced Webster Bank (formerly...
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Air Industries Group, an integrated manufacturer of precision assemblies and components for leading aerospace and defense prime contractors, announced that Sterling National Bank ("Sterling National") has agreed to expand the size of and extend the...
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November 30, 2021, 07:50 AM
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Liberty Hall Capital Partners, a private equity firm focused exclusively on investments in businesses serving the global aerospace and defense industry, announced the acquisition of Comply365 Holdings, Inc., a leading global provider of operational...
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December 15, 2020, 07:00 AM
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White Oak Commercial Finance, LLC, an affiliate of White Oak Global Advisors, LLC, announced its Government Contracting Finance Division provided $4.5 million in factor and ABL-based credit facilities to three aerospace businesses providing...
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September 16, 2020, 09:00 AM
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Sterling National Bank’s Asset Based Lending Group provided senior secured credit facilities totaling $19,800,000 to Air Industries Group. The credit facilities will provide working capital and support for the company’s future growth.Founded in 1979...
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January 15, 2020, 08:00 AM
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Air Industries Group, an integrated manufacturer of precision equipment assemblies and components for leading aerospace and defense prime contractors, announced that on December 31, 2019 it entered into a new 3-year, $19.8 million credit facility...
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January 02, 2020, 08:55 AM
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Kaman Corporation announced that it has closed on an amended and restated $800 million credit facility. The new credit facility amends and restates the Company’s prior credit facility to, among other things: (i) extend the maturity date to December...
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December 16, 2019, 08:55 AM
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Ares Commercial Finance announced that it has provided a senior secured revolving line of credit to Stevens Aerospace and Defense Systems LLC. The company is owned by principals of the NTC Group, Inc. Proceeds of the financing will be used to...
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October 21, 2019, 08:50 AM
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Sterling National Bank provided senior secured credit facilities totaling $6,288,000 to Astro-Tek Industries LLC.
Established in 2006, Astro-Tek is a distinct precision tooling manufacturing company that primarily manufactures parts and equipment...
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Antares Capital announced it is serving as administrative agent and sole lead arranger on a $73.5 million senior secured credit facility to support the recapitalization and growth initiatives of TurbineAero, Inc. by The Gores Group.
Headquartered in...
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Siena Lending Group LLC announced the completion of a $12 million revolving credit facility in conjunction with a $21 million term loan facility for PCX Aerostructures, LLC (PCX). The facilities were used to refinance the company's existing senior...
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February 27, 2018, 07:19 AM
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Wells Fargo Capital Finance UK Limited, part of Wells Fargo & Company, announced that it acted as the agent and lead arranger for an asset-based credit facility for Arlington Industries, the automotive and aerospace manufacturing company.
Backed by...
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Barings announced that it served as lead agent and provided mezzanine debt and an equity co-investment to support J.F. Lehman and Company (JFLCO) in its acquisition of BEI Precision Systems & Space Company, Inc.Headquartered in Maurmelle, Arkansas...
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Cargojet Inc. announced that it had amended its syndicated banking facility to increase its revolving credit facility from $175 million to $200 million. Additionally, a 5-year term loan facility of up to $75 million was added that will be used to...
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CIT Group Inc. announced that CIT Aerospace, Defense & Government Finance served as sole lead arranger in a $52 million senior secured credit facility to North American Rescue, LLC (NAR), the premier provider of survivability and casualty care...
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November 11, 2016, 07:23 AM
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Aerojet Rocketdyne Holdings, Inc. announced a major refinancing that will provide it with greater financial flexibility to execute its long-term strategic agenda and substantially reduce the company’s interest expense. Bank of America Merrill Lynch...
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CPI Aerostructures, Inc. has entered into a $40.0 million amended and restated credit agreement that replaces its previous $35.0 million credit facility. BankUnited N.A. and Citizens Bank N.A. are lenders under the facility.The facility consists of a...
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Liberty Hall Capital Partners announced the acquisition of Bromford Industries, a leading supplier of complex, close tolerance engine components, fabrications and assemblies and landing gear components for the global aerospace and power generation...
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AloStar provided a $14 million loan to Aerospace Manufacturing Group (“AMG”), an aerospace and defense focused enterprise based in Huntington Beach, Calif. AMG is a holding company of manufacturers specializing in the production and assembly of...
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February 11, 2016, 07:55 AM
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Antares Capital announced it is serving as administrative agent and lead arranger on a $145 million senior secured credit facility to support the acquisition of AIM Aerospace by Liberty Hall Capital Partners. Headquartered in Renton, WA and founded...
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February 08, 2016, 08:03 AM
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