Wingspire Capital
Wingspire Capital is a private specialty finance firm providing senior debt and asset-backed credit facilities to middle-market companies, operating through corporate finance and equipment finance divisions as a portfolio company of Blue Owl Capital Corporation (NYSE: OBDC).
- Company typePrivate
- Founded2019
- HeadquartersAlpharetta, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Wingspire Capital does
Wingspire Capital is a private specialty finance firm headquartered in Alpharetta, Georgia, and operates as a portfolio company of Blue Owl Capital Corporation (NYSE: OBDC), a $307 billion-AUM alternative asset manager as of December 2025. The firm provides senior debt solutions — principally asset-backed credit facilities, senior secured loans, and asset-based lending — to middle-market companies, with typical corporate finance loan sizes of $20 million to $200 million and equipment finance transactions of $5 million to $100 million or more. By year-end 2025, Wingspire reported approximately $3 billion in total capital commitments and $1.6 billion in loans outstanding, with operations spanning offices in Atlanta, Boston, Chicago, New York, and Tustin, California.
The firm operates two principal divisions: Wingspire Capital (corporate finance) and Wingspire Equipment Finance, the latter of which was built through the 2022 acquisition of Liberty Commercial Finance and serves a portfolio of more than 450 unique obligors. In 2025, the equipment finance division recorded $701.3 million in annual funding volume, representing 66% year-over-year growth, and the corporate finance platform executed deals across diverse industries including healthcare, aerospace, cosmetics, retail, and energy. Wingspire completed a second asset-backed securities issuance in 2025 totaling over $292 million, oversubscribed approximately 6x, evidencing broad capital-markets appetite for its underwritten paper.
Wingspire's business model is relationship-driven and sponsor-anchored, with go-to-market focused on private equity sponsors and direct middle-market borrowers seeking senior structured credit. Revenue is generated primarily through net interest income on its loan portfolio and origination/structuring fees, with funding sources including sponsor equity from Blue Owl, bank credit facilities, and securitization through ABS markets. Recent strategic actions — including vertical-specific Healthcare Originations hiring, a new 15,000 sq ft equipment finance headquarters, and the promotion of a Head of Originations — point to ongoing investment in origination capacity and platform expansion rather than any pivot away from the core middle-market lending thesis.
Wingspire Capital firmographics
Firmographics- Name
- Wingspire Capital
- Legal name
- Wingspire Capital LLC
- Website
- https://wingspirecapital.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Wingspire Capital is a private specialty finance firm providing senior debt and asset-backed credit facilities to middle-market companies, operating through corporate finance and equipment finance divisions as a portfolio company of Blue Owl Capital Corporation (NYSE: OBDC).
- Ownership category
- akta.pro rank
Wingspire Capital industry classification
Industry- Product category
- Middle Market Specialty Lending
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Other Financial Vehicles (525990)
- SIC
- Asset-Backed Securities (6189), Finance Lessors (6172), Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Debt & Capital Advisory (Debt Raising, Refinancing, Private Credit) (BPAHAOAD)
- akta.pro secondary industry
- Capital Markets Advisory (Equity Placement, JV & Recapitalization) (BPAJABAL)
Keywords
Where Wingspire Capital is headquartered
LocationHeadquarters
- HQ city
- Alpharetta
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Wingspire Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Interest Income from Senior Secured Loans: Wingspire Capital generates revenue through interest income on senior secured loans including revolving lines of credit, term loans backed by fixed assets, intellectual property, and enterprise value. The firm provides asset-based working capital lines of credit and equipment/real estate financing. Loans typically range from $20-200 million to middle market companies.
- Equipment Finance/Leasing: Wingspire Equipment Finance generates revenue through equipment financing and leasing arrangements for essential-use equipment. The division provides financing from $5 million to over $100 million for private equity-owned middle market companies in capital intensive industries, including equipment acquisitions, sale-leaseback transactions, and CapEx lines.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Wingspire Capital product offering
Product offeringCore offering
Wingspire Capital is a diversified specialty finance firm that provides senior debt solutions to middle market companies. It offers asset-backed revolving lines of credit, senior secured term loans, equipment finance/leasing, and lender finance, and combines multiple senior lending products into a single transaction through a one-stop platform. Loan commitment sizes typically range from $20 million to $200 million, with the Wingspire Equipment Finance division providing financing from $5 million to over $100 million for essential-use equipment.
Product overview
Wingspire Capital is a diversified specialty finance firm that provides senior debt solutions to middle market companies through a unified platform offering multiple lending products. The company operates two primary divisions: Wingspire Capital (corporate finance) and Wingspire Equipment Finance (equipment financing subsidiary). Wingspire Capital's core products include Revolving Lines of Credit, Senior Secured Term Loans, Lender Finance, and Equipment Finance/Leasing, all designed to work together in single transactions. Wingspire Equipment Finance delivers specialized equipment financing solutions including Sale Leaseback, Lines of Credit, and Large Transaction financing, ranging from $5 million to over $100 million. The company typically structures transactions from $20 to $200 million, combining multiple product types in a single "one-stop" financing solution. Wingspire is a portfolio company of Blue Owl Capital Corporation (NYSE: OBDC).
Differentiator
Problem solved
Functional benefit
Brands
- Wingspire Equipment Finance: A division of Wingspire Capital providing equipment financing solutions primarily to private equity-owned, middle market companies operating in capital intensive industries throughout the US and Canada. Backed by funds managed by Blue Owl Capital (NYSE: OWL).
Products and services
- Revolving Lines of Credit Asset-based working capital revolving credit lines secured by accounts receivable, inventory, equipment, real estate, and intellectual property for mid-sized public and private businesses.
- Senior Secured Term Loans Fixed asset term loans backed by fixed assets, intellectual property, and enterprise value, ranging from $20 million to $200 million for middle market companies.
- Equipment Finance / Leasing Equipment financing and leasing solutions for capital-intensive industries, providing financing from $5 million to over $100 million for essential-use equipment throughout the US and Canada.
- Lender Finance Financing solutions provided to other lenders to support their lending activities and portfolio growth.
- Sale-Leaseback Financing Equipment sale-leaseback financing that enables companies to leverage existing assets for liquidity and working capital purposes.
- Large Transaction Equipment Financing Large-ticket equipment financing solutions for complex transactions exceeding standard financing thresholds in capital-intensive industries.
Quantifiable outcome
- Record $3 billion in capital commitments and $1.6 billion in loans outstanding in 2025
- +2 more outcomes
Companies that use Wingspire Capital
Customer profileNamed customers26 records
Segments3 records
Ideal customer profiles3 records
Wingspire Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Wingspire Capital partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core, secondary and minor.
- Liberty Commercial FinancecoreWingspire Capital acquired Liberty Commercial Finance in June 2022. Liberty provides equipment financing solutions to middle-market companies and had originated over $1.3 billion in equipment finance volume since 2017. The acquisition integrated Liberty's originations and syndication teams into Wingspire's platform. Liberty continues to operate under CEO Eric Freeman.
- TCW Private CreditcoreTCW Asset Management Company LLC frequently co-agents transactions with Wingspire Capital. Together they have provided unitranche senior credit facilities to companies like cabi, Mondee, Sunland Asphalt, Tooling Tech Group, Comtech Telecommunications, and others. TCW Private Credit specializes in senior-secured loans to middle market borrowers with typical investments ranging from $25-150 million.
- Piney Lake CapitalsecondaryPiney Lake Capital Management LP provides Unitranche senior credit facilities alongside Wingspire Capital. They co-provided financing to Acousti Engineering Company of Florida and TAG Manufacturing. Piney Lake takes a partnership approach with private equity style diligence process.
- Star Mountain CapitalsecondaryStar Mountain Capital co-agented senior secured financing for Versar alongside Wingspire Capital. Star Mountain is a lower middle market investor with approximately $3.5 billion in AUM focused on direct debt and equity investing.
- Great Rock CapitalsecondaryGreat Rock Capital serves as Administrative Agent on certain transactions where Wingspire participates as co-lender. Co-lender on A Crane Rental $175 million credit facility. Great Rock Capital is a private credit firm serving middle market borrowers.
- Ares Commercial FinancesecondaryAres Commercial Finance participates as co-lender alongside Wingspire Capital on transactions including A Crane Rental. Ares is a division of Ares Management, a leading global alternative asset manager.
- InterVest Capital PartnersminorInterVest Capital Partners participates as co-lender alongside Wingspire Capital on certain credit facilities, including the A Crane Rental transaction.
- SG Credit PartnerssecondarySG Credit Partners partnered with Wingspire Capital to provide a $50 million loan facility to Skylight. SG Credit expanded from a previous $20 million commitment to bring in Wingspire as a strategic financing partner. SG Credit Partners is a family-office backed lender serving lower middle market entrepreneurs.
- Encina Lender FinanceminorEncina Lender Finance was brought in as a partner by Wingspire Capital on a specialty finance company facility. Encina specializes in providing senior secured loans to consumer products companies.
- WhiteHawk Capital PartnersminorWhiteHawk Capital Partners worked with Wingspire Capital to provide a larger asset-based credit facility for PWCC Marketplace. Wingspire provided the revolving loan facility as part of this co-arranged transaction.
- Gordon BrotherssecondaryGordon Brothers agented a broader C$120 million financing for Toys"R"Us Canada, with Wingspire providing a C$67 million revolving line of credit as part of the transaction.
Scale indicators12 records
Recent moves7 records
Expansion highlights5 records
Wingspire Capital competitors and assessment
Company assessmentBroad incumbents
- Apollo Global Management: Large alternative asset manager with extensive private credit and direct lending operations across middle market and upper middle market, often at larger ticket sizes than Wingspire but with overlapping customers.
- Bain Capital Credit: Global credit platform within Bain Capital providing direct lending, asset-based lending, and equipment finance — competing with Wingspire in middle market and overlapping on PE-sponsored transactions.
- Oaktree Capital Management: Global alternative asset manager with significant direct lending and private credit strategies; competes broadly in middle market senior lending though as part of a much larger diversified credit platform.
Direct peers
- WhiteHawk Capital Partners: A private middle market credit firm focused on asset-based and senior secured lending; directly comparable to Wingspire and already named as a co-lending partner on PWCC Marketplace.
- Ares Capital: One of the largest publicly traded BDCs and a leading direct middle market lender with senior debt, asset-based, and equipment finance capabilities — directly comparable to Wingspire's combined offering across Wingspire Capital and Wingspire Equipment Finance.
- Encina Lender Finance: Specialty finance lender providing senior secured loans to consumer products and specialty finance companies; named as a Wingspire partner on lender finance facilities, indicating direct product overlap and competition.
- Great Rock Capital: A middle market asset-based and senior secured lender; serves as Administrative Agent on co-lending deals with Wingspire (e.g., A Crane Rental $175M facility) and competes in the same sponsor-backed borrower segment.
- Golub Capital: A leading middle market direct lender offering one-stop senior debt solutions (revolvers, term loans, equipment finance) primarily to PE-backed borrowers — closely overlapping with Wingspire's product mix and target customer profile.
- Liberty Commercial Finance: Equipment finance subsidiary originally independent but acquired by Wingspire in 2022; comparable operating profile and customer base for the equipment finance division analysis.
- Antares Capital: A major middle market direct lender and unitranche provider; competes head-to-head in the same $20-200M senior secured lending segment that Wingspire targets with PE sponsors.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Wingspire Capital social profiles
Digital presenceWingspire Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wingspire Capital leadership team
Management profileNumber of profiles
Profiles10 records
Wingspire Capital subsidiaries and ownership
Company hierarchySubsidiaries1 record
Wingspire Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wingspire Capital M&A and investment
M&A and investmentM&A2 records
Investments5 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wingspire Capital
What does Wingspire Capital do?
Wingspire Capital is a diversified specialty finance firm that provides senior debt solutions to middle market companies. It offers asset-backed revolving lines of credit, senior secured term loans, equipment finance/leasing, and lender finance, and combines multiple senior lending products into a single transaction through a one-stop platform. Loan commitment sizes typically range from $20 million to $200 million, with the Wingspire Equipment Finance division providing financing from $5 million to over $100 million for essential-use equipment.
Is Wingspire Capital a public or private company?
Wingspire Capital is a private company. It is classified as corporate owned and is currently operating.
When was Wingspire Capital founded?
Wingspire Capital was founded in 2019. It employs 11 to 50 people.
Where is Wingspire Capital based?
Wingspire Capital is headquartered in Alpharetta, United States, in the North America region.
How does Wingspire Capital make money?
Two revenue lines are on record. Interest Income from Senior Secured Loans are the primary driver. The others are equipment Finance/Leasing.
Who are Wingspire Capital's main competitors?
Broad incumbents on record are Apollo Global Management, Bain Capital Credit and Oaktree Capital Management. Direct peers are WhiteHawk Capital Partners, Ares Capital, Encina Lender Finance, Great Rock Capital, Golub Capital, Liberty Commercial Finance and Antares Capital.
Does Wingspire Capital have an API?
No public API is recorded for Wingspire Capital.
What industry is Wingspire Capital in?
Wingspire Capital's product category is Middle Market Specialty Lending. Its primary akta.pro industry code is BPAHAOAD, Debt & Capital Advisory (Debt Raising, Refinancing, Private Credit), with a secondary code of BPAJABAL, Capital Markets Advisory (Equity Placement, JV & Recapitalization). Its NAICS code is 523 and its SIC code is 6189.