Post Road Equipment Finance (PREF) closed a $25 million tax lease facility for a global manufacturer of industrial warehouse storage systems and automation solutions. The financing will support the buildout of the company’s first U.S. manufacturing facility, including advanced production lines and automation-related infrastructure critical to the expansion of its North American operations. The new facility is expected to significantly enhance production capacity, reduce lead times for customers and support growing demand for next-generation warehouse automation and high-density storage solutions across the U.S. market.
PREF structured a customized tax lease solution that includes progress funding throughout the construction and installation process, enabling the customer to execute a large-scale, multi-phase international expansion initiative. The transaction involves extensive coordination across multiple jurisdictions, vendors and legal teams over the course of a 12-month project timeline.
“This was an incredibly rewarding transaction to be a part of and a great example of Post Road’s ability to execute on complex deals with an international dimension,” Peter Carpenter, managing director at Post Road Equipment Finance, said. “Our teams worked collaboratively for eight months alongside the customer and their vendors to deliver a tailored capital solution that supports the company’s long-term strategic growth plans. We are proud to be selected as a financing partner on such an important initiative and look forward to continuing to build upon this relationship in the years ahead.”
PREF was represented by Reed Smith.
