Clarus Capital Closes $7MM Lease Facility for Land Management Equipment Manufacturer

Clarus Capital completed a new $7 million lease facility for a sponsor-backed manufacturer of specialized land management equipment. The funding will support strategic capital investments to expand capacity, drive production efficiency and optimize the supply chain of the manufacturer.

“Our client has a long track record of success, and we value the opportunity to serve as a trusted partner in support of its strategic objectives,” Steve O’Leary, CEO of Clarus Capital, said. “Clarus continues to structure and execute transactions up to $40 million for its own balance sheet, with reliability and certainty of closing. We look forward to additional opportunities to support the company and sponsor with other future capital projects.”

“This transaction continues to highlight Clarus’ ability to support private equity firms and their portfolio companies effectively,” Tim Conway, chairman of Clarus Capital, said. “We have been partnering with sponsors for over 20 years, and we’re excited to continue strengthening these relationships.”

Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.