Global Pharmaceutical Services Leader Secures $12 Million in Financing from Wingspire Equipment Finance
2024年5月24日 - 12:00AM
ビジネスワイヤ(英語)
Wingspire Equipment Finance proudly announces the completion of
a $12,000,000 equipment financing arrangement for a leading
pharmaceutical services company. The private equity-backed company,
a globally recognized Contract Development and Manufacturing
Organization (CDMO), offers integrated end-to-end drug development,
manufacturing, and commercial packaging solutions.
The financing arrangement facilitated by Wingspire Equipment
Finance was instrumental in the acquisition of drug manufacturing
and packaging technology equipment for the CDMO. The financial
package, comprised of a capital lease and sale leaseback, was
designed to streamline the equipment purchasing process and provide
the client with the extra liquidity they needed. A sale-leaseback
helped leverage existing equipment recently purchased using cash.
The CDMO was able to optimize its cash flow and significantly
bolster its liquidity for ongoing operations, ensuring its
continued growth trajectory.
"We are delighted to have been able to support our client's
critical operations and growth initiatives with our equipment
financing commitment," said Jason Alves, Senior Vice President of
Private Equity at Wingspire Equipment Finance. "Our ability to
provide a much-needed infusion of capital and meet their specific
financial objectives highlights our dedication to fostering strong
partnerships with our clients."
The rapid response and results delivered to this pharmaceutical
services client are a testament to Wingspire Equipment Finance's
focus on providing industry-leading companies with flexible and
timely equipment finance solutions.
For more information about Wingspire Equipment Finance and its
comprehensive finance solutions, please visit
ef.wingspirecapital.com.
About Wingspire Equipment Finance:
Wingspire Equipment Finance is a leading provider of equipment
financing solutions, committed to empowering businesses with
flexible and innovative financial solutions. With a focus on client
success and industry expertise, Wingspire Equipment Finance is
dedicated to helping companies thrive by providing tailored
financing options for their equipment needs. Wingspire Equipment
Finance is the equipment financing arm of Wingspire Capital, a
portfolio company of global alternative asset manager Blue Owl
Capital Corporation (NYSE: OBDC) with over $175B in assets under
management.
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