ATLANTA – JAN. 10, 2022 — Wingspire Capital LLC (“Wingspire”) provided $50 million of a revolving line of credit facility to keg sales and rental company MicroStar Logistics (“MicroStar”) as part of larger agented transaction led by Ares Commercial Finance (“Ares”).
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.
ABOUT WINGSPIRE CAPITAL
Wingspire Capital is a middle market-focused, specialty finance firm that provides asset-backed credit facilities to businesses across all industries. Our depth of experience across all debt products and industries enables our firm to be creative and flexible in our approach, and the lender of choice for companies across all stages of growth and complexity. The commitments for our credit facilities range in size from $20 to $200 million.
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), an alternative asset manager with approximately $70.5 billion of assets under management as of September 30, 2021. For further information, visit wingspirecapital.com.