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.