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Great Rock Capital Provides $25MM of Liquidity to Industry Leading Compression Service Provider

Date: Apr 28, 2022 @ 07:36 AM
Filed Under: Oil & Gas

Great Rock Capital provided $25.0 million of liquidity through a senior secured credit facility to support Natural Gas Compression Systems (“NGCS”), a Michigan-based full-service gas compression equipment and service business throughout the United States and Canada.  

The facility was used to refinance the existing lender and will provide additional working capital and financial flexibility to support NGCS’s continued growth.

CIT Northbridge Credit served as lead agent for the credit facility, which provided $145.0 million of overall liquidity to the Company.

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