Clarus Capital announced the successful closing of a $20 million lease facility for a private equity-backed automotive services company. The financing will enable the acquisition of equipment vital for enhancing and expanding the company’s extensive network of service centers across the United States.

Clarus CEO Steve O’Leary said, “This transaction reflects our commitment to providing tailored equipment finance solutions that drive growth and innovation for our sponsor-backed clients. We are proud to support the continued success of a key player in the automotive services sector through this strategic financing.”

Clarus Chairman Tim Conway added, “Our deep expertise in providing scaled, private credit solutions makes us the go-to partner for sponsor-backed companies embarking on projects to modernize, enhance operational efficiency and accelerate growth. Our focus remains on helping our clients achieve their strategic objectives and drive long-term value creation for their private equity owners."