Great Rock Capital, an asset-focused commercial finance company specializing in middle-market lending, provided $75 million in total capital to three NWI affiliates.
The credit facilities, which include two revolving lines of credit and a term loan, will provide flexible growth capital for sister companies NWI Nashville, Utica Realty Nashville and NWI Wichita — all portfolio companies of The Stony Point Group.
“The NWI companies are mission-critical suppliers to the aerospace industry,” Stuart Armstrong, CEO of Great Rock Capital, said. “Their industry-leading manufacturing expertise, superior leadership and ongoing support from their owners will drive the continued success of their businesses.”
“We have established a strong partnership with Great Rock over recent years, beginning with a working capital facility for NWI Nashville,” Bernie Stanek, CEO of Stony Point Group, said. “They understand the growth potential and liquidity needs of the NWI companies, and they have demonstrated a positive and practical approach to both closing and managing their credit facilities. I look forward to expanding our relationship as we work together to support the future growth objectives of NWI Nashville, NWI Wichita and Utica Realty Nashville.”
