Since its launch in late 2022, Capteris has quickly established itself as an attractive alternative provider of equipment finance solutions. Most notably, within the financial sponsor segment, Capteris has committed nearly $150 million to portfolio companies across multiple private equity firms thus far. Recent examples include a $20 million tax lease for various construction assets and a $10 million finance lease for transportation assets.
Capteris specializes in providing large-ticket equipment lease and loan financing for numerous industries and collateral types, including private equity portfolio companies. Eric Dusch, President of Capteris, said, “The team we’ve assembled knows the financial sponsor segment and understands how to effectively work with the sponsor, portfolio company, and lender group to structure solutions that are both economically attractive and fit within their current capital structure limitations.”
With continued concerns around the impact of higher rates, funding costs and potential further banking segment fall-out, companies are feeling the effects of an overall tighter lending environment. “We’ve seen a significant increase in sponsor-owned companies looking to diversify their funding sources for their capital expenditures,” said Todd Sinclair, Managing Director - Head of Sales at Capteris. “We understand the importance of helping preserve liquidity for working capital, acquisitions and investments. And, considering the current lending landscape, our ability to provide meaningful capital commitments for their equipment further highlights the value we are providing to the sponsors and their portfolio companies.”
Supported by the capabilities of Apollo Global Management, Wheels Inc. and MidCap Financial, Capteris is positioned to help clients achieve their financial priorities while diversifying their funding risks across a broad range of industries and collateral types.