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Great Rock Capital Closes $15MM Credit Facility with Coast to Coast Equipment

January 15, 2021, 08:11 AM

Great Rock Capital closed a $15 million senior secured credit facility with Coast to Coast Equipment, which specializes in buying, selling, and renting new and used aerial-lift equipment.

The new facility refinanced the existing lender and provides Coast to Coast with additional liquidity to position the company for continued growth.

"Great Rock quickly understood our capital needs and worked with us to create a liquidity facility that will position us for continued success," said a spokesperson for Coast to Coast Equipment. "We look forward to partnering with Great Rock as we execute on the next steps of our strategic business plan."

"We are excited to play a role in helping Coast to Coast achieve new levels of growth," said Stuart Armstrong, CEO of Great Rock Capital. "The Company was founded by an innovative and knowledgeable leader who has built a best-in-class equipment business."

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