Great Rock Capital closed a $75 million senior secured credit facility for Pacific Ag, North America’s largest crop residue harvesting and supply company. For nearly 30 years, Pacific Ag has been a trusted partner to the agriculture sector, recognized for its reliability, quality assurance, and consistent supply of crop residue & forage products and services. 

The new capital refinanced the company’s existing senior debt, supported a strategic acquisition, and will provide Pacific Ag with additional liquidity to support their growing platform. The bespoke debt facility includes a revolver, a term loan, and a delayed draw term loan.

“Pacific Ag has pioneered large scale harvest and supply of crop residue in North America, providing additional income for growers and innovative feedstock solutions for its end-use markets,” said Bill Levy, Founder and CEO of Pacific Ag. “Today, with the support of Great Rock Capital’s credit facility, we streamlined support for operations, expanded our footprint and service offerings, and are well-positioned to capitalize on the growth opportunities that lie ahead.”

“Great Rock is pleased to provide this successful company with new growth capital to execute on their strategic initiatives,” said Stuart Armstrong, CEO of Great Rock Capital.  “We look forward to working with this best-in-class management team, as they expand their industry footprint and continue to provide superior feedstock solutions to their customers.”