CHARLOTTE, NC, January 9, 2024 -- Capitala Group (“Capitala”), a Charlotte-based firm providing private credit and private equity to small businesses, is pleased to announce that it has recently participated in a first-lien loan facility to support the refinancing of existing debt facilities for Tactical Air Support, Inc. (“Tactical Air” or the “Company”).
Founded in 2005, Tactical Air is Veteran-founded and managed, US-based defense contractor providing consulting, adversary flight support, military training, and maintenance services to the US military forces and certain US allied governments. The company owns and operates a fleet of significantly upgraded supersonic F-5 Fighter aircraft piloted by highly qualified and experienced adversary pilots.
Capitala, in collaboration with BC Partners and other investors, participated in the transaction, allocating funds from Fund VI to support the Company’s ongoing growth initiatives.
About Capitala Group
Capitala Group is an asset management firm that has been providing private credit and private equity capital to lower- and middle-market businesses throughout North America for over twenty years. Since our inception in 1998, Capitala has invested over $2.2 billion into small businesses and strives to make an impact through responsible investing and a unified mission to support social impact initiatives. We seek to partner with strong management teams to create value and support growth through strategic partnerships, operational expertise, and a shared vision for success.
Press Contact:
Katina Cole Jakubowski
Director of Marketing
kjakubowski@capitalagroup.com
This press release should not be used or considered as an offer to sell or a solicitation of any offer to buy securities or services of Capitala Group or any other issuer.