TAB Bank closed a $4 million working capital facility with a rapidly growing, full-service metal manufacturer serving the aerospace, defense, medical, marine and renewable energy industries. The partnership will help the manufacturer consolidate two...
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October 25, 2024, 08:03 AM
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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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Mountain Ridge Capital ("MRC") closed a $25 million senior secured credit facility to a U.S.-based contract manufacturer of industrial parts and tools designed to serve the aerospace and defense and industrial sectors. The MRC facility refinanced...
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October 22, 2024, 08:10 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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Alvarez & Marsal (A&M) announced the appointment of Rosco Newsom as an Aerospace, Defense, Aviation and Space (ADAS) practice Managing Director within the firm’s Private Equity Performance Improvement Group (PEPI). The addition of Newsom, who...
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June 05, 2024, 07:35 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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June 03, 2024, 07:41 AM
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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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May 31, 2024, 07:00 AM
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Flatbay Capital keeps the ball rolling with another $2.3MM bridge loan funded for a Houston-based, aerospace machine shop. This deal was secured by the company's main operating headquarters located in one of Houston’s historically underutilized...
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May 17, 2024, 07:50 AM
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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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May 14, 2024, 08:00 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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Alvarez & Marsal’s (A&M) Aerospace, Defense, Aviation & Space (ADAS) practice enters its third year of doubling in growth, with the appointments of Pablo Wangermann and Joseph Perovich as Managing Director and Senior Director respectively. As part of...
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November 09, 2023, 07:49 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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B. Riley Securities announced aerospace and defense (A&D) industry veteran, John Stack, has joined as Senior Managing Director, Aerospace & Defense Investment Banking. He joins B. Riley from Canaccord Genuity where he led the firm’s US A&D Investment...
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June 06, 2023, 07:39 AM
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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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May 19, 2022, 07:52 AM
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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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Alvarez & Marsal (A&M) has appointed New York-based Luigi “Lou” Peluso a Managing Director in its Private Equity Performance Improvement group. Mr. Peluso, who has extensive experience in the aerospace and defense industries, will serve in the firm’s...
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October 22, 2020, 07:30 AM
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Alvarez & Marsal (A&M) announced the hire of James Marceau as Managing Director in its Private Equity Performance Improvement Group, based in Boston. Marceau has joined the senior leadership team of A&M’s global Aerospace, Defense & Aviation practice...
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July 31, 2020, 08:14 AM
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AMETEK, Inc. announced that it has completed an amended and restated Revolving Credit Facility increasing the size from $850 million to $1.5 billion. The facility, previously due to expire in March 2021, now has a maturity date of October...
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November 02, 2018, 07:12 AM
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The NORDAM Group, Inc., together with its domestic subsidiaries and affiliates, announced it has filed a voluntary petition for protection under Chapter 11 reorganization. NORDAM’s foreign subsidiaries and affiliates have not filed for Chapter 11...
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July 24, 2018, 08:00 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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June 19, 2018, 07:09 AM
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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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March 28, 2018, 07:15 AM
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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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LBC Credit Partners (LBC), a leading provider of financing solutions to middle market companies, provided senior secured credit facilities to support the acquisition of F.M.I., Inc. by AE Industrial Partners, LLC (AEI). LBC served as Agent for the...
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January 10, 2018, 07:23 AM
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Houlihan Lokey, a global investment bank, announced that the M&A advisory practice of Bluestone Capital Partners (Bluestone) has merged into Houlihan Lokey’s Aerospace, Defense & Government Services (ADG) Group. Bluestone is a boutique investment...
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December 19, 2017, 07:10 AM
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TAB Bank is pleased to announce it has provided a $3 million credit facility for a manufacturing company located in California. The company produces custom machined products for the semi-conductor, gas and oil, and aerospace industries. The new...
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March 19, 2014, 07:39 AM
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Wesco Aircraft Holdings, a provider of comprehensive supply chain management services to the global aerospace industry, announced it has completed a refinancing of its senior secured credit facilities.Wesco Aircraft engaged Merrill Lynch, Pierce...
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December 10, 2012, 08:10 AM
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CPI Aerostructures amended its existing credit agreement to increase revolving credit commitments from $17 million to $35 million and to continue a $3.9 million principal balance term loan. The revolving credit line was extended four years until...
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December 07, 2012, 07:48 AM
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NewStar Business Credit provided $12.5 million senior secured facility to support the acquisition of Fastener Distribution and Marketing Company (FDMC) by Precision Aerospace Components. Both companies are distributors of specialty and commodity...
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July 05, 2012, 08:00 AM
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