Clarus Capital announced the completion of a $10 million equipment lease facility for a multi-sponsor backed managed services provider. The financing proceeds will support the acquisition of new technology equipment essential for the company’s expanding operations across multiple facilities nationwide.

Clarus CEO Steve O’Leary said, “Our customer plays a vital role in supporting sophisticated enterprise data management and computing needs. Clarus is pleased to partner with our client to ensure the firm has the necessary capital resources to meet accelerating demand. We look forward to further opportunities to support the company as it continues to grow and scale.”

Clarus Chairman Tim Conway added, “Sponsor-backed technology clients consistently turn to us for our deep understanding and experience in financing digital infrastructure. Our ability to provide long-term capital to support the acquisition of vital assets ensures that our clients are well-positioned for sustained growth and success. We are pleased to support this company’s mission-critical operations and ongoing expansion.”