Great Rock Capital closed a C$45 million ($37 million) senior secured term loan with Oculus Transport, headquartered in Calgary, AB.
The new capital will fuel the growth of a Canadian oilfield transport and logistics company. Great Rock Capital partnered with revolver lender, HSBC Bank Canada, to create an optimal financing structure that will maximize the firm’s liquidity.
“This capital will allow us to grow our infrastructure to position the company for sustained success and continue to provide best in class equipment and service to our customers,” said Ric Peterson, CEO, and Bob German, CFO of Oculus Transport. _x000D_
“We believe relationships are a vital component of our success, and we look forward to partnering with Great Rock Capital as we continue to drive the growth of Oculus.”
