Clarus Capital completed a new $25 million lease facility for a sponsor-backed precision components manufacturer. The financing proceeds will support the installation of new production equipment across multiple facilities.
“Clarus is excited to serve as a financial partner for this well-established manufacturer serving a diverse array of industries critical to U.S. infrastructure,” Steve O’Leary, CEO of Clarus Capital, said. “The transaction highlights Clarus’ ability to deliver thoughtful financing solutions to leveraged businesses in tight timeframes. We look forward to additional opportunities to support the company with its future capital projects.”
“Clarus delivers efficient capital solutions to portfolio companies of premier middle-market sponsors,” Tim Conway, chairman of Clarus Capital, said. “This transaction showcases Clarus’ extensive experience underwriting leveraged businesses and ability to execute as committed despite ongoing turbulence in the capital markets.”
