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Clarus Capital Closes $30 Million Lease Financing for a Sponsor-backed Critical Logistics Provider

Posted 05/08/2023
Financing Supports Client’s General Liquidity, Capex, and Strategic Expansion Initiatives

Boston, Massachusetts – Clarus Capital (“Clarus”) announced today that it completed a new $30M Lease Facility for a specialty logistics provider with hubs at major infrastructure facilities around the US and abroad. Financing proceeds will support corporate liquidity, new equipment purchases, as well as strategic expansion initiatives as the client continues to implement proven organic and strategic growth initiatives.

Clarus CEO Steve O’Leary commented “Clarus continues to demonstrate the flexibility of its product offering and ability to tailor solutions to fit the complex needs of leveraged, sponsor-owned platforms. Our team delivered a strategic solution to optimize liquidity through existing revenue generating assets across multiple locations. We appreciate the opportunity to partner with this client and sponsor and look forward to working with both again to help with additional financing needs.”

Clarus Chairman Tim Conway added “This marks Clarus’ second transaction with this sponsor in the past few months and is a testament to the team’s execution capabilities amid turbulent market conditions.  Despite market volatility, Clarus once again closed on its proposed terms, providing execution certainty for the client and sponsor.  The Clarus team continues to build on its 20+ years of leveraged finance experience with middle market private equity firms as it structures reliable, custom solutions for these sophisticated partners.”

About Clarus Capital

Clarus Capital is a commercial finance company specializing in delivering efficient capital solutions to finance tangible assets for sponsor-backed borrowers.  The Company targets investments up to $35 million across a wide array of equipment types, industries and throughout the credit spectrum via a seasoned group of investment professionals with diverse risk management and structuring expertise.  Clarus Capital was formed as a partnership between a proven leadership team and long-term institutional capital with the goal of building a comprehensive equipment finance platform that addresses the needs of middle market and large U.S. companies.  The firm is headquartered in Boston, MA and has a nationwide footprint across the United States.  For more detailed information about Clarus Capital, please visit our website at www.claruscap.com or contact us at info@claruscap.com

 

Author
Michael Eisenstein