Jonathan Katz joined Great Rock Capital as managing director of originations. Katz will be based in Toronto and be responsible for the continued expansion of the firm’s origination efforts across Canada.
Great Rock Capital closed a $28.8 million senior secured term loan facility for PTC Alliance, a global manufacturer and marketer of drawn over mandrel and electrical resistance welded steel tubing and precision components.
Great Rock Capital closed a $27.9 million senior secured term loan facility for GT Technologies (GTT), a manufacturer of custom-engineered valvetrain components and assemblies for the global automotive, heavy-duty truck and off-road vehicle industries.
Great Rock Capital expanded its senior secured credit facility for Mersino Management to $50 million, providing an additional $10 million of borrowing capacity.
Great Rock Capital, an asset-focused commercial finance company specializing in middle-market lending, closed a senior secured credit facility with WinCup, a manufacturer of traditional and sustainable disposable foodservice to-go ware, including phade PHA straws.
Great Rock Capital closed a $13.2 million senior secured credit facility with IFS Intermediate (IFS), a water blasting, hauling and industrial vacuuming business that serves utility companies throughout the Midwest and along the East Coast.
Justin Anderson joined Great Rock Capital, an asset-focused commercial finance company specializing in middle-market lending, as director of originations. Anderson will be based in Chicago and is responsible for expanding origination efforts in Minnesota, Wisconsin, Missouri and Iowa.
Great Rock Capital upsized its leverage facility with KeyBank. The upsized facility includes the addition of new partners Huntington National Bank, First Foundation Bank and Hitachi Capital America.
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, provided a $15 million senior secured credit facility to Coast to Coast Equipment, a company that specializes in buying, selling and renting new and used aerial-lift equipment.