Providence Investment Partners Announces a Debt and Equity Investment in TX-Based Transportation and Logistics Company

Dallas, TX – Providence Investment Partners ("Providence") is pleased to announce a debt and equity investment in a TX-based transportation and logistics company (“Project Hook” or “Company”). The financing supported Ranch Creek Partners’ (“RCP”) and CIC Partners’ (“CIC”) strategic investment in the Company to support its continued growth.

Project Hook is a leading nationwide provider of towing and logistics services to the heavy-duty transportation industry. Based in Texas, the Company utilizes both its owned fleet and brokered services to provide coverage across the US for its clients.

“Project Hook is an established market leader with a clear and defensible value proposition, as evidenced by its substantial growth in the last few years. We look forward to partnering with the management team, RCP, and CIC to support the company’s continued growth,” said Jay Turner, Partner at Providence.

Patriot Capital joined Providence in this investment.

About Providence Investment Partners

Providence Investment Partners is a private investment firm based in Dallas, TX that provides creative, flexible and patient capital for lower middle-market companies. Our team partners with independent sponsors, committed funds, and business owners to create shared success in collaboration with experienced management teams. For more information, visit Providence Investment Partners.

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