Wingspire Capital provided $50 million of a revolving line of credit facility to keg sales and rental company MicroStar Logistics as part of larger agented transaction led by Ares Commercial Finance.
MicroStar is the largest keg logistics company in North America, providing kegs and keg distribution services to brewers across all 50 states. The company also provides outsourced keg solutions to brewers of all sizes in Europe, the United Kingdom and Australia.
“We are pleased to work alongside Ares to provide a credit facility that will help MicroStar operate and grow its business,” said John Rosin, President & COO of Wingspire Capital.