Clarus Capital closed a $2.5 million sale-leaseback financing for a developer and manufacturer of specialty chemicals. This financing will generate working capital, reinforcing liquidity and supporting the chemical manufacturer’s annual capital expenditures program.
“We are pleased to have successfully completed this $2.5 million sale-leaseback transaction, which underscores our capability to provide tailored equipment financing solutions that align with the unique needs of our private equity-backed clients,” Steve O’Leary, CEO of Clarus Capital, said. “This credit facility highlights our dedication to being a trusted partner for private equity firms, enabling them to execute strategically important financings for their portfolio companies with confidence, and with a provider that can grow alongside them.”
“This transaction in particular highlights our ability to move quickly to support our sponsor partner’s portfolio company with critical liquidity by capitalizing on the value of select existing assets with no disruption to the capital structure in place,” Jake Skivington, managing director of sponsor coverage at Clarus Capital, said. “We continue to see equipment sale-leaseback as a highly additive tool in the sponsor finance toolkit, whether it’s for liquidity, capital for growth or M&A or a return of capital to the sponsor.”
