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Clarus Capital Closes $12MM Lease for Private Equity Backed Textile Manufacturer

December 21, 2022, 07:17 AM
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Topic: Manufacturing

Clarus Capital announced it has completed a new lease for a diversified manufacturer of consumer goods. Clarus’ financing will support the company’s acquisition of new textile manufacturing assets and further enhances its competitive position as a market leader in licensed apparel.

Clarus CEO Steve O’Leary said, “Clarus continues to deliver equipment finance facilities of significant scale to its clients. The company is owned by a private equity sponsor with deep sector expertise, which the Clarus team has supported on multiple occasions across various other portfolio companies. We are pleased to continue providing thoughtful, competitive equipment finance solutions to this Sponsor’s portfolio and look forward to additional opportunities to support the firm with its future capital expenditure needs."

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