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Great Rock Capital provides $20M senior secured credit facility to Horsburgh & Scott

July 21, 2020 / Jenn Cronin
SHARESHARESHARE

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the close of a $20 million senior secured credit facility with Horsburgh & Scott, a manufacturer of mission critical, custom engineered gears and gearboxes utilized in heavy industrial machinery. The capital provides Horsburgh & Scott with additional liquidity to support their growing platform. The tailored facility includes a traditional term loan, as well as a revolver and delayed draw term loan.
"Great Rock understood our capital needs and worked with us to customize and fund a structure that will position us for sustained success as we continue to execute on our business plans," said Randy Burdick, President and CEO of Horsburgh & Scott. "We look forward to our financial partnership as we navigate the next stages of growth."