Clarus Capital closed a $20 million lease facility for a private equity-backed automotive services company. The financing will enable the acquisition of equipment vital for enhancing and expanding the company’s extensive network of service centers across the United States.
“This transaction reflects our commitment to providing tailored equipment finance solutions that drive growth and innovation for our sponsor-backed clients,” Steve O’Leary, CEO of Clarus Capital, said. “We are proud to support the continued success of a key player in the automotive services sector through this strategic financing.”
“Our deep expertise in providing scaled, private credit solutions makes us the go-to partner for sponsor-backed companies embarking on projects to modernize, enhance operational efficiency and accelerate growth,” Tim Conway, chairman of Clarus Capital, said. “Our focus remains on helping our clients achieve their strategic objectives and drive long-term value creation for their private equity owners.”
