Clarus Capital closed a $12 million equipment loan facility designed to support the modernization initiatives of a private equity-backed specialty manufacturing company. The financing allows the client to invest in state-of-the-art production equipment, driving greater operational efficiency and advancing the company’s long-term strategic objectives.
“This transaction highlights our ability to provide custom financing solutions, including strategic progress payment structures, to sponsor-backed clients undertaking transformative projects,” Steve O’Leary, CEO of Clarus capital, said. “By enabling investment in advanced manufacturing equipment, our client is well-positioned to enhance production capabilities and capitalize on growth opportunities in an expanding market.”
“We worked closely with the sponsor and client to craft a tailored private credit solution that matched the project’s phased payment requirements,” Pat McAuliffe, managing director at Clarus Capital, said. “This investment in core manufacturing assets will deliver significant operational improvements, supporting the company’s trajectory of growth and success.”
