Wingspire Capital Provided $39.5 Million to CoolSys

ATLANTA — September 2, 2025 — Wingspire Capital has provided a $39.5 million senior secured credit commitment to CoolSys, a leader in mission-critical HVAC, refrigeration, and energy and carbon reduction solutions for thousands of businesses across the United States.

The commitment is part of a broader $150 million credit facility for CoolSys with a syndicate led by Mizuho  that provides on-going working capital support, extends tenor for three years, and refinances a member of the prior bank group.

CoolSys was founded in 2017, and quickly became a market-leading provider of critical commercial, industrial and essential HVAC and refrigeration systems for grocery stores, restaurants, and other businesses. The Brea, California-based company also provides mechanical, electrical, plumbing, and refrigeration (MEPR) engineering; analytics and monitoring services; in-house maintenance and repair; retrofitting and equipment replacement services; and energy and carbon reduction solutions.

“We are proud to provide a flexible capital solution to CoolSys, which provides mission-critical components and services to its customers who rely on refrigeration and cooling to support the profit margin drivers of their own businesses,” said David J. Turco, Managing Director at Wingspire Capital.

CoolSys has grown both organically and through more than a dozen add-on acquisitions, and now has more than 2,200 technicians and 100 engineers who service over 30,000 customer locations across the nation.

ABOUT WINGSPIRE CAPITAL

Wingspire Capital offers one-stop solutions of up to $200 million for middle market companies, including revolving lines of credit, asset-backed term loans, first-out revolvers & term loans, equipment loans and leases, sale lease-backs, and lender finance. Industries financed include business services, consumer products, e-commerce & retail, food & beverage, healthcare, manufacturing, distribution, transportation & logistics, automotive, technology applications and financial services. Wingspire Capital operates in two business units: Wingspire Corporate Finance and Wingspire Equipment Finance.

Wingspire Capital is a portfolio company of Blue Owl Capital Corporation (NYSE: OBDC). OBDC is externally managed by Blue Owl Credit Advisors LLC, an indirect affiliate of Blue Owl Capital, Inc. (NYSE: OWL). Blue Owl Capital, Inc. is a global alternative asset manager with $284 billion of assets under management as of June 30, 2025. For further information about Wingspire Capital, visit www.wingspirecapital.com.