Clarus Capital announced it has completed a new $20 million credit facility for a leading specialty logistics and transportation provider. The facility will be deployed into new equipment that supports continued strong demand as the company further expands its market-leading footprint.

Clarus CEO Steve O’Leary said, “We are excited to partner with the company and support them as they continue to scale. They have an outstanding business model and an impressive, rapidly growing fleet of highly specialized tractor- trailers. The company is owned by a well-known private equity sponsor with deep sector expertise. The Clarus team has supported multiple portfolio companies for this sponsor in the past and we are pleased to continue providing these services,” O’Leary added. “Clarus’ team again demonstrated its ability to provide thoughtful, competitive equipment financing solutions to private equity owned platforms. We have a strong balance sheet and a deep team that gives us the capacity to underwrite, structure and execute transactions of this size, and larger, for our customers. We look forward to additional opportunities to support this sponsor and this firm.”

Clarus Capital is a commercial finance company specializing in delivering efficient capital solutions to finance tangible assets for large middle market and corporate borrowers. The company targets investments up to $30 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, backed by BharCap Partners, 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 U.S. middle market companies. The firm is headquartered in Boston, MA and has a nationwide footprint across the United States.