Great Rock Capital provided $25 million of liquidity through a senior secured term facility to support a Michigan-based critical sole-source supplier of automotive products.
Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, provided $25 million of liquidity through a senior secured term facility to support a Michigan-based critical sole-source supplier of automotive products. The facility was used to refinance the company’s existing lender and will provide additional working capital and financial flexibility to support the company’s continued growth.
WhiteHawk Capital Partners served as lead agent for the credit facility, which provided more than $100 million of liquidity to the company.
“Our involvement in this financing demonstrates Great Rock’s ability to serve as a reliable financing partner not only to our customers but also to other prominent asset-focused lenders, such as WhiteHawk Capital Partners,” Stuart Armstrong, CEO of Great Rock Capital, said.
Editor’s Note: The original version of this post incorrectly stated that Great Rock and WhiteHawk provided $125 million. The error has been fixed. ABF Journal apologizes for the error.
