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Clarus Capital Closes $10MM Lease Financing for a Multi-Sponsor Backed Technology Infrastructure Company

byBrianna Wilson
August 12, 2024
in EF News
Reading Time: 1 min read
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Clarus Capital completed a $10 million equipment lease facility for a multi-sponsor backed managed services provider. The financing proceeds will support the acquisition of new technology equipment essential for the company’s expanding operations across multiple facilities nationwide.

“Our customer plays a vital role in supporting sophisticated enterprise data management and computing needs,” Steve O’Leary, CEO of Clarus Capital, said. “Clarus is pleased to partner with our client to ensure the firm has the necessary capital resources to meet accelerating demand. We look forward to further opportunities to support the company as it continues to grow and scale.”

“Sponsor-backed technology clients consistently turn to us for our deep understanding and experience in financing digital infrastructure,” Tim Conway, chairman of Clarus Capital, said. “Our ability to provide long-term capital to support the acquisition of vital assets ensures that our clients are well-positioned for sustained growth and success. We are pleased to support this company’s mission-critical operations and ongoing expansion.”

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