# Hoover CS secures $160M senior term loan from Riverstone Credit Partners

Riverstone Credit Partners provided Katy, Texas-based sustainable packaging provider Hoover CS a $160 million senior term loan. The financing gives Hoover CS additional liquidity to execute its growth strategy.

- Type: Investment
- Announced: 2022-12-01
- Where: Katy, Texas, United States
- Value: $160.0M
- Status: completed
- Products: sustainable packaging, fleet management solutions
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Hoover CS](https://endata.com/companies/9953.md) (partner)
- [Riverstone Credit Partners](https://endata.com/companies/9954.md) (investor)

## Sources

- [privateequityinternational.com](https://www.privateequityinternational.com/sustainable-packaging-firm-hoover-cs-inks-160m-loan-from-riverstone-credit-partners/), 2022-12-01: "Riverstone Credit Partners has provided a $160 million senior term loan to Katy, Texas-based Hoover CS, a provider of sustainable packaging and fleet management solutions."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.