November 9, 2018 - White Wolf Capital ("White Wolf") is pleased to announce a major distribution to its investors resulting from the recapitalization of its portfolio company, Aero Precision, LLC (“Aero Precision”).
The distribution was part of a $30 million senior debt refinancing transaction. The refinancing transaction also provided additional working capital to support growth initiatives and refinance existing debt thereby streamlining the capital structure.
Aero Precision is a high-volume manufacturer of firearm components. Aero Precision also operates an online retail store from which it sells firearm components, accessories, branded products, apparel and related supplies. Aero Precision is located in Tacoma, Washington. For further information, please visit: www.aeroprecisionusa.com.
White Wolf Capital is a private investment firm that began operations in late 2011 and is focused on making both direct and indirect investments in leading middle market companies located in North America.
On the direct side, White Wolf Capital seeks both private equity as well as private credit investment opportunities in companies with $20 million to $200 million in revenues and up to $20 million in EBITDA. Typical situations include, management buyouts leveraged buyouts, recapitalizations and investments for growth. Preferred industries include manufacturing, business services, government services, information technology, security, aerospace and defense.
In addition to making direct investments in operating companies, White Wolf Capital also looks to invest with other private fund managers as a limited partner. Targeted investment candidates are North American focused private credit funds looking to raise $50 million to $500 million in assets under management, with a focus on the lower-middle and middle-market. For further information, please visit: www.whitewolfcapital.com.