White Oak ABL, an affiliate of White Oak Global Advisors, closed a $75 million asset-based credit facility with Hunt & Sons, a third-generation, family-owned diversified petroleum products distributor.
“We are pleased and excited to partner with the team at Hunt & Sons, and to provide them with a tailored and flexible working capital financing solution,” said White Oak ABL Managing Director Clark D. Griffith. “Hunt & Sons has a long and successful operating history within the industry, and we’re confident that the company is well-positioned for continued growth.”
Founded in 1946 and headquartered in Sacramento, CA, Hunt & Sons specializes in commercial fleet fueling services, bulk fuel supply and comprehensive lubricant solutions for industrial, commercial and agricultural use.
“The team at White Oak has developed a deep understanding of our operations, and we look forward to working with them to grow our business both organically and through acquisitions,” said Joshua Hunt, CEO of Hunt & Sons. “White Oak has been a pleasure to work with, and we’re optimistic that our relationship will expand in the years ahead.”
