Wingspire Capital provided a revolving line of credit to a leading home textiles company that provides premium bedding, bath and other soft goods that are sold through major department stores and retail partners.
Proceeds from the senior secured financing helped facilitate a new capitalization to support the company’s working capital needs, fueling its growth and operational efforts.
“We are pleased to provide capital that empowers a major home textiles company to focus on execution and pursue its growth strategy,” said David Turco, Managing Director at Wingspire Capital.
The financing was part of a transaction agented by Great Rock Capital, an asset-focused lender to the middle market.