Clarus Capital, a private credit firm specializing in equipment finance solutions, closed a $25 million equipment loan facility for a privately held waste transportation provider. Immediate financing proceeds supported the acquisition of new waste collection vehicles deployed to service recently awarded and existing multi-year contracts.
“Our client plays a critical role within the infrastructure of the communities that it serves, and we appreciate the ability to support their near-term growth initiatives,” Steve O’Leary, CEO of Clarus Capital, said. “We look forward to expanding this relationship to support future strategic objectives.”
“This transaction highlights Clarus’ ability to deliver tailored, sponsor-focused capital solutions to sophisticated operators,” Tim Conway, chairman of Clarus Capital, said. “Our team’s unique blend of deep equipment finance expertise and leveraged finance capabilities positions us to provide scaled capital solutions to sponsor-backed and large corporate borrowers.”
