WINGSPIRE CAPITAL PROVIDES A SENIOR CREDIT FACILITY TO TAG MANUFACTURING
ATLANTA – April 28, 2025 — Wingspire Capital is pleased to provide a senior secured credit facility to TAG Manufacturing , a leading designer and manufacturer of buckets, thumbs, couplers, and other specialty attachments used on construction equipment such as excavators and wheel loaders.
The credit facility includes a revolver and first-out term loan as part of a broader transaction agented by Piney Lake Capital Management. The new financing gives the Chattanooga, Tennessee-based company greater liquidity and flexibility to manage its business and ensure availability, variety, and timely delivery to its customers.
Founded in 2005, TAG Manufacturing is a trusted name for essential attachments and buckets ranging from lightweight wheel loader buckets to severe heavy-duty excavator attachments. All TAG buckets and attachments are made at its state-of-the-art facilities in Tennessee.
“Wingspire Capital is proud to partner with Piney Lake to provide a flexible capital solution to TAG so it can continue to support construction and infrastructure projects across the U.S.,” said Will Bence, Managing Director at Wingspire Capital.
TAG Manufacturing is a portfolio company of Center Rock Capital Partners. Hudson Avenue Partners served as the debt advisor to TAG Manufacturing.
ABOUT WINGSPIRE CAPITAL
Wingspire Capital offers one-stop solutions of up to $200 million for middle market companies, including revolving lines of credit, fixed asset term loans, first-out term loans & revolvers, equipment loans and leases, sale lease-backs, and lender finance solutions. Industries financed include business services, consumer products, e-commerce & retail, food & beverage, healthcare, 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 $250 billion of assets under management as of December 31, 2024. For further information about Wingspire Capital, visit www.wingspirecapital.com.