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Wingspire Provides $25MM Revolver to Aftermarket Performance Group

November 11, 2024, 07:03 AM
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Topic: Industry News

Wingspire Capital provided a $25 million revolver to Aftermarket Performance Group (“APG”), a leading vertically integrated wholesale distributor, e-tailer and manufacturer for performance aftermarket parts and accessories for enthusiasts in the compact performance, Jeep, off-road and pickup truck markets and includes top brands of Northridge 4x4, Stage 3 Motorsports, PRL Motorsports, Adams Driveshaft and Rallysport Direct.

Proceeds were used to refinance a previous credit facility with a bank and provide additional flexibility and liquidity for APG.

“We are pleased to provide a credit facility that gives APG the liquidity needed to meet their evolving needs and empower the business to perform,” said Ryan Jones, Managing Director at Wingspire Capital.

APG is a portfolio company of Monroe Capital.

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