Clarus Capital completed a new $6 million loan facility for a sponsor-backed, tech-enabled business services provider. Funding proceeds will be used to acquire material handling equipment and finance critical information technology infrastructure upgrades. This strategic financing supports the company’s ongoing initiative to expand its operational capabilities and effectively meet the increasing demands of its customers.
“Our client is an essential provider of business services to retailers and related industries, playing a key role in their operational success,” Steve O’Leary, CEO of Clarus Capital, said. “This transaction highlights our team’s commitment to provide private equity backed companies with flexible financing solutions for growth capital expenditures. We are excited about the opportunity to support our clients in achieving their strategic objectives and look forward to future opportunities to demonstrate these core capabilities.”
“Clarus’ facility underscores our dedication to partnering with sponsor-backed companies, offering tailored private debt solutions for strategically important capital expenditure programs,” Tim Conway, chairman of Clarus Capital, said. “With our substantial lending capacity, we are committed to delivering reliable and scalable equipment finance solutions for leveraged companies across a diverse range of industries.”
