Capital Solutions Closes $35 Million Financing for Sponsored Aerospace Manufacturing Platform
The Capital Solutions Group (“Capital Solutions”) announces the closing of a$35 million senior secured financing to refinance the existing senior debt of a sponsored aerospace manufacturing platform (the “Company”). Capital Solutions acted as the exclusive financial advisor to the Company for the financing which is majority owned by a leading middle market private equity firm.
“We continue to deliver value-added results in executing sponsored middle market transactions,” commented Brad Stewart, Partner, who led the financing for Capital Solutions.”The Company had several key objectives to accomplish in a financing, including fully refinancing its existing senior credit facility, obtaining a delay draw term loan for future growth capital, and refinancing junior debt held by the sponsor. We were able to successfully market the financing to prospective lenders who appreciated the value of the Company’s robust backlog and assets, as well as its impressive management team and supportive sponsor, to close a financing which accomplished all of these objectives.”
About The Capital Solutions Group:
We provide creative financial advisory services to closely-held Companies, Private Equity Sponsors, and Lenders in the Middle Market. Our services include: Debt Capital Raising, Recapitalizations, Financial Restructurings, and selected M&A assignments. Since our founding in 2009, we have advised on over $2 billion of debt issuance, financial restructuring, and strategic advisory assignments; these transactions have been executed primarily for private equity sponsored companies.