Great Rock Capital Closes Term Loan Facility with Roadclipper Enterprises

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Great Rock Capital Closes Term Loan Facility with Roadclipper Enterprises

Great Rock Capital Closes Term Loan Facility with Roadclipper Enterprises

April 15, 2025

Capital Positions Company for Continued Growth

Westport, CT – April 15, 2025 -- Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the closing of a senior secured term loan facility with Roadclipper Enterprises (“Roadclipper” or “Diamond C”). Roadclipper, a portfolio company of Center Rock Capital (“Center Rock”), is a leading manufacturer of premium open-air trailers and is recognized for its exceptional quality, customizability, and innovation.

Great Rock Capital served as the term loan agent and partnered with the revolver agent, a leading commercial banking institution, to create a flexible financing structure that will maximize the firm’s liquidity.

“Roadclipper is an industry leader driven by its product innovation, operational strengths, and customer service,” said Stuart Armstrong, CEO of Great Rock Capital.  “We are pleased to partner with Center Rock and the revolver agent to provide the company with flexible capital to achieve new levels of growth.”

Center Rock Partner Terry Theodore added, “The company has defended its reputation as a thought-leader for decades by making deep investments in R&D and instilling a customer-centric, solutions-based culture throughout the organization. We are excited to partner with management in their continued efforts to grow the business through operational improvements and product expansion.”

About Great Rock Capital

Great Rock Capital is an asset-focused commercial finance company that specializes in serving the needs of middle market companies across the United States and Canada.  The Company provides fast, flexible, and creative financing solutions that maximize liquidity and provide growth capital. The senior secured credit facilities offered by the firm range in size from $15MM to $150MM and include working capital, term-heavy, and term-only loan structures not provided by traditional commercial lenders.  The firm has significant capital commitments from its partners, a private equity business and a large institutional investor. To learn more, visit www.greatrockcapital.com.

 

About Diamond C (Roadclipper Enterprises)

Diamond C Trailers is a leading manufacturer of premium open-air trailers, including gooseneck, dump, tilt, equipment trailers, and car haulers. The Company serves a diverse range of end markets including construction, agriculture, and equipment movement through a network of dealership partners across the United States and Canada. For more information, please visit www.diamondc.com.

 

About Center Rock Capital

Center Rock Capital Partners, LP is a Midwest-based private equity firm focused on building leading industrial companies in the lower middle market. Center Rock seeks industrial manufacturing, industrial services, and industrial distribution companies headquartered in North America. With substantial expertise working constructively with management teams to drive both operational and strategic improvement, Center Rock’s investment professionals have the flexibility and tools to invest in a broad array of transactions and build value in lower middle market industrial companies. For more information, please visit www.centerrockcp.com.

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