Configure’s involvement was central to the success of the transaction. The team’s insight, disciplined execution, and efficiency supported a smooth process from start to finish, and we greatly appreciated their hard work and support on this transaction.
Configure Partners Advises Crestview Partners on its Acquisition Financing for Tailwind Hospitality, Inc.
Configure Partners, an investment banking platform specializing in debt placement and credit advisory services, announced today its role as exclusive financing advisor to Crestview Partners in securing lender capital to support Crestview’s acquisition of Tailwind Hospitality, Inc.
Founded in 2004 and based in Wilmington, North Carolina, Tailwind is a leading aviation services company focused on food, beverage, and retail in non-hub and regional airports, currently operating in 60+ locations across the U.S. Tailwind provides custom offerings with a mix of locally tailored concepts and national brands to address a broad range of passenger preferences.
Crestview is a New York-based private equity firm focused on the middle market. The team brings significant experience within the industrials, media, and financial services verticals, bolstered by an extensive network of operating advisors who provide comprehensive value-added solutions to the firm’s portfolio companies.
Configure supported all aspects of the financing process, including lender screening, approach to market, transaction structuring, and advising on financing-related documentation.
“Configure’s involvement was central to the success of the transaction,” said Crestview Principal Isaiah Sullivan. “The team’s insight, disciplined execution, and efficiency supported a smooth process from start to finish, and we greatly appreciated their hard work and support on this transaction.”
“We believe the financing provides a strong foundation for Tailwind’s next phase of strategic growth,” said Configure Managing Director Jerry McDonald. “We value our continued partnership with Crestview and are proud to have supported the team in this important transaction.”
“We believe the financing provides a strong foundation for Tailwind’s next phase of strategic growth. We value our continued partnership with Crestview and are proud to have supported the team in this important transaction.”
About Tailwind Hospitality (www.tailwindconcessions.com)
Founded in 2004 and based in Wilmington, North Carolina, Tailwind Hospitality, Inc. is a leading airport concessionaire specializing in operating full-service restaurants, bars, retail, and gift shops predominantly in non-hub, primary and regional airports and transit stations located throughout the United States. The company currently operates 160+ revenue centers across 60+ airports and train stations and, in the majority of locations, is the sole concessionaire. Tailwind has focused on developing unique, location-specific venues at each of its airports, adapting to local culture, tastes, and needs.
About Crestview (www.crestview.com)
Founded in 2004, Crestview is a New York-based private equity firm focused on the middle market. The firm manages funds with over $10B of aggregate capital commitments. The firm is led by a group of partners who have complementary experience and distinguished backgrounds in private equity, finance, operations, and management. Crestview has senior investment professionals focused on sourcing and managing investments across the firm’s specialty areas: industrials, media, and financial services.
About Configure Partners (www.configurepartners.com)
Configure Partners is a preeminent credit-oriented investment bank headquartered in Atlanta. The firm specializes in debt placement, special situations, and M&A advisory, providing superior client service and execution to private equity sponsors in acquisition finance, refinancing, and dividend recapitalization transactions. The firm’s special situations practice is the trusted advisor for stakeholders confronting capital structure challenges.
Deal Team
