CapX Partners (CapX), a leading middle-market equipment finance provider, announces the completion of a $27 million equipment lease facility for a rapidly growing, Midwest-based client. The facility supports the acquisition of mission-critical equipment enabling the company to continue on track with its plans for growth.

To complete the transaction, the CapX Capital Markets team engaged a peer independent equipment lessor partner to fund $15 million while CapX increased its position to $12 million, having previously successfully provided support for the business’s financing needs. “We are pleased to be able to satisfy a client’s growth needs during Covid-19 by leveraging our Capital Markets capabilities and bringing in a trusted partner to complete the transaction” stated Jeffry Pfeffer, Managing Partner. “Our Capital Markets team, consisting of Barrett Carlson, Partner; Jeff Armstrong, Director; and Ryan Smith, Associate, worked hard to get the facility funded by end of the second quarter.”

About CapX Partners
CapX Partners provides equipment finance and term debt solutions to middle-market companies seeking growth and liquidity. Founded in 1999, CapX invests between $1M and $30M across manufacturing, distribution, technology, energy, and healthcare sectors throughout the U.S. and Canada. With leading-edge technology and quick turnaround, CapX's experienced management brings value to every transaction. CapX Partners is part of Accord Financial, founded in 1978 and traded on the Toronto Stock Exchange (ACD.TO). For more information on CapX, visit www.capxpartners.com.