Capteris, the large ticket equipment finance platform in alliance with Apollo Global Management, announced the recent closing of a $25 million finance lease for a private equity owned vegetation management company.  The transaction highlights the continued success of Capteris’ Sponsor Coverage team, focusing on mid and large cap PE firms and their portfolio companies. 

“Our client was looking at replacing multiple funding sources with a single source solution that could be cost effective, improve operational efficiencies, and fund within an immediate timeframe”, stated Ben Bakke, Vice President at Capteris. “Our team’s ability to provide a single source of capital for numerous asset classes across multiple geographies, while closing the transaction within one-week of award, highlights the differentiated value Capteris delivers for our customers”, added Bakke.

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.