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Clarus Capital Closes $35MM Lease Financing for Transportation Service Provider

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Date: Feb 27, 2023 @ 07:18 AM
Filed Under: Transportation

Clarus Capital announced it has completed a new $35 million sale-leaseback facility for a sponsor-backed transportation service provider. Financing proceeds supported M&A activity and liquidity as the client continues to execute proven strategic and organic growth initiatives.

Clarus CEO Steve O’Leary said, “Clarus delivered a customized financing solution that enabled our client to unlock liquidity in support of its M&A strategy. Our team’s extensive experience proved instrumental in structuring and delivering an efficient capital solution to help execute their strategic objectives. We appreciate the opportunity to partner with a leading sponsor and look forward to working with them again.”

Clarus Chairman Tim Conway added, “This transaction highlights Clarus’ core capabilities of supporting premier private equity firms and their portfolio companies. The Clarus team has partnered with sponsors for over 20 years, and we are excited to extend these strong relationships. Our experience in leveraged finance markets enables us to structure attractive, flexible financing solutions for mission critical assets across that same client base.”



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