Capteris, the private credit equipment finance platform in alliance with Apollo, announces a $20 million lease commitment for a private equity owned provider of utility and infrastructure services. 

“The company and sponsor were looking to find a single source who was capable of providing significant capital commitments and a streamlined process for improved efficiency”, stated Ben Bakke, VP of Sales at Capteris.  “We worked closely with management and the sponsor to provide a $20 million lease line for various asset classes while at the same time, simplifying the documentation and closing process across multiple vendors.”

Capteris’ Sponsor team provides equipment finance solutions to Private Equity firms and their portfolio companies.  “Our dedicated sponsor coverage model provides expertise, personalized service, and certainty of execution, all key factors for this segment and why Capteris continues to increase market share across multiple mid-cap and large cap financial sponsors.”, added Todd Sinclair, Head of Sales and Business Development at Capteris.

About Capteris

Capteris, in strategic alliance and financial backing via funds managed by Apollo Global Management, provides large ticket equipment finance solutions targeting the midmarket, large corporate, and sponsor finance segments. With strong financial backing, flexible custom solutions, and deep domain expertise, Capteris is an attractive alternative to traditional equipment finance providers. From leases and loans to refinancing and asset-backed debt solutions, Capteris offers competitive products and attractive structures to meet the needs of their individual clients.