Great Rock Upsizes Mersino Facility to $40MM
Great Rock Capital completed a new $40 million credit facility for Mersino Management, increasing the company’s borrowing capacity by $20 million.
Great Rock Capital completed a new $40 million credit facility for Mersino Management, increasing the company’s borrowing capacity by $20 million.
Great Rock Capital received two commitments of $100 million in equity from a large institutional investor and from Sightway Capital, Great Rock’s original investor since its formation in 2015.
Great Rock Capital closed a leverage facility with Wells Fargo Capital Finance.
Commercial finance company Great Rock Capital closed a $23 million senior secured loan with PCX Aerostructures. The facility included a $21 million term loan and a $2 million capital expenditure facility.
Great Rock Capital Partners has launched a lending platform that will provide asset based and asset backed loans for middle market companies.
In May 2012, Great American Group announced that it appointed Stuart Armstrong as president of GA Capital. Recently, he met with ABF Journal contributing editor Howard Brod Brownstein to discuss GA Capital’s evolution and to explore Armstrong’s deep industry experience, which includes serving as an executive with GE Capital and launching Tygris Commercial Finance.