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Great Rock Capital Closes Credit Facility with WinCup

November 19, 2021, 07:30 AM
Filed Under: Manufacturing

Great Rock Capital closed a senior secured credit facility with WinCup, Inc., a leading manufacturer of traditional and sustainable disposable foodservice to-go ware, including phade® PHA straws.

The new capital refinanced the company’s existing senior debt and provides WinCup with additional liquidity to support their growing platform. The bespoke facility includes a revolver, a term loan, and a delayed draw term loan.

“Great Rock instantly understood our growth potential and customized a structure that will allow us to capitalize on new business opportunities,” said Brad Laporte, CEO of WinCup. “We are excited about our financial partnership and what it entails for the future growth of our business.”

“WinCup is an industry leader,” said Stuart Armstrong, CEO of Great Rock Capital. “Their unmatched industry expertise, continued product innovation, and cutting-edge technology have propelled this business to new heights, and we look forward to playing a role in their continued success.”

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