Clarus Capital completed a new $5 million lease financing arrangement with a sponsor-backed service provider to the media and entertainment industry, which used proceeds from Clarus’ investment to expand and refresh its revenue generating assets and pursue new business initiatives throughout the continental U.S.
“Clarus remains committed to supporting the management of complex asset networks with creative financing solutions,” Steve O’Leary, CEO of Clarus Capital, said. “We value the opportunity to partner with this national leader in the media and entertainment industry and look forward to supporting its future recurring needs with ample available capacity to expand the relationship.”
