WhiteHawk Capital Partners, a private credit investment manager focused on asset-based financing solutions, entered into an agreement with C3 Rentals to provide a $100 million asset-based credit facility. C3 Rentals will use the proceeds of the financing to provide incremental liquidity for continued growth and to refinance existing debt.
“We are looking forward to our partnership with WhiteHawk and leveraging the resources they bring to the table,” Craig Tatum, CEO of C3 Rentals, said. “With them, we can continue to expand our business in the future.”
“We are excited about our ongoing partnership with a business that provides trailer financing alternatives to thousands of customers across the country and believe C3 Rentals is well positioned to continue growing their business,” Brad Huge, managing director of WhiteHawk, said.
