Wyle Laboratories, founded in 1949, is one of the leading independent engineering and testing organizations in the United States. The company tests and validates the performance of a number of parts and subsystems in a multitude of products, such as satellites, telephones, and rocket propulsion systems. These services are provided to a wide variety of customers in the aerospace, defense, transportation, energy and telecommunication industries.
In November 1999, Caltius Mezzanine provided a financing package structured as senior mortgage notes with warrants and common stock to help finance the management buyout of the company.
El Segundo, California
“Caltius Mezzanine represented that they could close our management buyout in 2 weeks then followed through on all counts. We could not have asked for a better fit, or higher quality financial partner.”
L. Craig Smith, Chief Financial Officer, Wyle Laboratories