ATLANTA – August 15, 2023 — Wingspire Capital LLC (“Wingspire”) committed a $35 million senior secured term loan and a $15 million revolver to Tooling Tech Group as the company leans into a new era of growth.

The proceeds will be used to best position the Fenton, Michigan-based company to take advantage of industry tailwinds in support of its disciplined growth strategy, both organically and via compelling M&A opportunities both in the automotive sector and other end markets.

Tooling Tech Group is one of the largest tooling providers in the United States, with more than 600 employees and one million square feet of manufacturing space across 12 modern facilities. The vertically-integrated company offers automation, CNC machining, compression molds, die casting and thermoforming dies, precision stamping dies, and other services that allow them to complete jobs in-house, on-time, and at a competitive price. Its knowledgeable engineering and support staff provides services across the entire tooling lifecycle, from design and engineering to fabrication, testing, repair, and parts production. In addition to Wingspire Capital’s financing, TCW Asset Management Company LLC agented $75 million in capital as part of a broader $110 million term loan to Tooling Tech Group.

Wingspire was created by a team of industry leading finance professionals with a vision of building a firm driven by the mission of putting each client’s perspective and needs first. Wingspire provides thoughtful and creative loans tailored to the specific circumstances of each client, delivered in a transparent and professional manner.


Wingspire Capital offers one-stop solutions of up to $200 million for middle market companies, including revolving lines of credit, cash flow loans, fixed asset term loans, first-out term loans & revolvers, equipment leases, and sale leasebacks.  Industries financed include business services, consumer products, e-commerce & retail, food & beverage, manufacturing, distribution, transportation & logistics, automotive, technology applications and financial services. 

Wingspire Capital is a portfolio company of Blue Owl Capital Corporation (NYSE: OBDC). OBDC is externally managed by Blue Owl Credit Advisors LLC, an indirect affiliate of Blue Owl Capital, Inc.(NYSE: OWL). Blue Owl Capital, Inc. is a global alternative asset manager with $150 billion of assets under management as of June 30, 2023. For further information about Wingspire Capital, visit


TCW Private Credit specializes in providing senior-secured loans to U.S.-based middle market borrowers. Since 2001, the group has provided private credit solutions to borrowers across a wide range of industries, partnering with business owners, management teams, financial intermediaries, and asset-based lenders to provide customized financing solutions for a variety of needs. TCW Private Credit is a unit of TCW, a leading global asset management firm with a broad range of products across fixed income, equities, emerging markets and alternative investments. With half a century of investment experience, TCW today manages approximately $205 billion in client assets. Through the MetWestFunds and TCW Funds families, TCW manages one of the largest mutual fund complexes in the U.S. TCW’s clients include many of the world’s largest corporate and public pension plans, financial institutions, endowments and foundations, as well as financial advisors and high net worth individuals. For more information, please visit

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