Clarus Capital (Clarus) announced it has completed a new $5 million lease facility for a sponsor-backed engine components manufacturer. Financing proceeds replenished liquidity and supported asset purchases for key contracts with long-standing customers.

Clarus CEO Steve O’Leary said, “Clarus continues to view Aerospace and Defense as an attractive segment for continued investment. This closing marks our sixth direct investment in the Aerospace & Defense sector within 18 months, with several other investments in adjacent sectors throughout the value chain as well. We look forward to additional opportunities to support this company and other A&D manufacturers with future capital projects.”

Clarus Chairman Tim Conway added, “Clarus continues to execute reliably on essential use asset financing for our key sponsor relationships. This opportunity reflects the successful close of our second opportunity with this Sponsor and continuation of our 20+ year legacy of multi-transaction relationships with premier middle market sponsors.”