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Home Deal Announcements

Great Rock Closes $25MM Term Loan for Zacky & Sons

byABF Journal Staff
June 7, 2018
in Deal Announcements

Great Rock Capital completed a $25 million secured term loan for Zacky & Sons Poultry, a family farm that raises, processes and distributes premium poultry. Great Rock also partnered with lending firm GemCap Solutions to provide a $16 million revolving loan.

Zacky & Sons will use the funding to refinance existing senior indebtedness and expand its production facilities to support the company’s growth.

“We are excited about our partnership with Great Rock and what it entails for the future success of our business. This financing provides Zacky’s with the capital needed to drive our continued growth as we remain focused on our commitment to bringing our customers the best quality of poultry one can buy,” said Lillian Zacky, founder of Zacky & Sons Poultry

“We are pleased to structure a financing solution for Zacky’s that provides liquidity to drive future growth. The financing provides an optimal structure for Zacky’s and we look forward to working with GemCap Solutions in the future to provide creative solutions to the middle market,” said Stuart Armstrong, CEO of Great Rock.

Great Rock Capital is an asset-focused commercial finance company specializing in serving the needs of middle-market companies with an array of secured lending products.

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