Crestline Investors, Inc. (“Crestline”) served as a joint lead arranger on a $331.5 million senior secured credit facility for Bridger Aerospace Group Holdings, Inc. (“Bridger”). Founded in 2014, Bridger is a publicly traded aerial firefighting and aerospace services company (NASDAQ: BAER). Proceeds from the transaction will be used to refinance existing debt—improving financial flexibility—and to support the ongoing expansion of Bridger’s fleet of specialized aircraft.
“Crestline is pleased to support Bridger, a global leader in specialized aerial firefighting, with an investment that enables strategic expansion, continued growth, operational scale, and the delivery of critical wildfire management services across North America and Europe,” said Nick Martino, Director at Crestline.
“Bridger’s strategic expansion and growth plan was enabled by Crestline’s support—their industry experience and sector insight, combined with a nimble approach, allowed us to execute this transaction with speed and efficiency,” said Sam Davis, CEO at Bridger.
About Crestline Investors
Crestline Investors, Inc. is a global alternative investment management firm founded in 1997 and based in Fort Worth, Texas, with affiliate offices in London, New York, Tokyo, and Toronto. The firm has approximately $18 billion of credit assets under management (as of June 30, 2025) including its capital solutions, direct lending, and portfolio finance platforms. For more information, visit www.crestlineinvestors.com.
About Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER)
Bridger Aerospace is an aerial firefighting and aerospace services company based in Belgrade, Montana, located at the Bozeman Yellowstone International Airport (KBZN). It was founded in 2014 to support frontline firefighters with world-leading technology and aerial fire suppression systems. Since its inception, the company has grown from operating a single plane to commanding a significant Air Attack fleet, the most modern fire imaging and surveillance aircraft, and the world’s largest private Super Scooper fleet.
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