WhiteHawk Capital Partners, LP ("WhiteHawk"), a private credit investment manager focused on asset-based financing solutions, announced it has entered into an agreement with C3 Rentals, Inc. (“C3 Rentals”) to provide a $100 million asset-based credit facility (the "Financing"). C3 Rentals will use the proceeds of the Financing to provide incremental liquidity for continued growth and to refinance existing debt.
C3 Rentals is a trailer rental business that partners with trailer dealerships nationwide to provide financing for a variety of trailers including cargo trailers, car hauler trailers, gooseneck trailers, and utility trailers. The Company is headquartered in Hattiesburg, MS.
“We are looking forward to our partnership with WhiteHawk and leveraging the resources they bring to the table. With them, we can continue to expand our business in the future,” said Craig Tatum, CEO of C3 Rentals.
“We are excited about our ongoing partnership with a business that provides trailer financing alternatives to thousands of customers across the country and believe C3 Rentals is well positioned to continue growing their business,” said Brad Huge, WhiteHawk Managing Director.
About WhiteHawk:
WhiteHawk Capital Partners, LP is a private credit investment manager focused on asset-based financing solutions primarily to middle market private and public companies across a variety of industries. WhiteHawk provides senior secured financings under a variety of structures for purposes of refinancing, recapitalization, growth, acquisition, restructuring, bridge, and DIP/emergence. For more information visit www.whitehawkcapital.com or contact info@whitehawkcapital.com.
About C3 Rentals:
C3 Rentals provides financing options for individuals and businesses looking to purchase trailers. They offer easy and affordable financing options, eliminating barriers for customers and empowering them with options. The company also provides e-billing, email reminders, and an early purchase option discount. To learn more about C3 Rentals, visit www.c3rentals.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240507703790/en/
Contacts
For WhiteHawk:
For all inquiries: info@whitehawkcapital.com
For C3 Rentals:
For all inquires: ctatum@c3vllc.com
