WINGSPIRE CAPITAL PROVIDES A SENIOR SECURED FACILITY TO LENNY & LARRY’S
ATLANTA – September 12, 2023 — Wingspire Capital LLC (“Wingspire”) provided senior secured capital, as part of an agented transaction by TCW Asset Management Company LLC, to Lenny & Larry’s as the better-for-you healthy cookie company refinances debt and grows its business.
Founded in 1993, Lenny & Larry’s created a line of cookies and other treats made with plant and dairy protein that aimed at health-conscious consumers. Best known for its market leading “The Complete Cookie,” Lenny & Larry’s baked goods are now available in most major retailers nationwide, plus more than 30 other countries.
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.
ABOUT WINGSPIRE CAPITAL
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 www.wingspirecapital.com.
ABOUT TCW PRIVATE CREDIT
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 $210 billion in client assets. Through the MetWest Funds 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 www.tcw.com.