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Clarus Capital Closes $25 Million Lease Financing for a Multi Sponsor-backed Precision Components Manufacturer

Posted 05/22/2023

Boston, Massachusetts – Clarus Capital (“Clarus”) announced today that it has completed a new $25M lease facility for a sponsor-backed precision components manufacturer. Financing proceeds will support the installation of new essential use production equipment across multiple facilities.

Clarus CEO Steve O’Leary stated “Clarus is excited to serve as a financial partner for this well-established manufacturer serving a diverse array of industries critical to U.S. infrastructure. The transaction highlights Clarus’ ability to deliver thoughtful financing solutions to leveraged businesses in tight timeframes. We look forward to additional opportunities to support the Company with its future capital projects.”

Clarus Chairman Tim Conway added “Clarus delivers efficient capital solutions to portfolio companies of premier middle market sponsors. This transaction showcases Clarus’ extensive experience underwriting leveraged businesses and ability to execute as committed despite ongoing turbulence in the capital markets.”

About Clarus Capital

Clarus Capital is a commercial finance company specializing in delivering efficient capital solutions to finance tangible assets for middle market and large corporate 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
Organization
Clarus Capital