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Clarus Capital Upsizes Lease Facility to $96MM for Sponsor-backed Transportation Service Provider

February 04, 2025, 07:58 AM
Filed Under: Transportation

Clarus Capital increased its exposure to an existing client and leading sponsor-backed transportation service provider by $60 million. Financing proceeds supported strategic growth initiatives including multiple late-stage acquisitions. Since 2023, Clarus has advanced $95 million of balance sheet capital and arranged the placement of $30 million of additional facilities as Agent.

Clarus CEO Steve O’Leary commented “With decades of collective equipment finance and leverage finance expertise, the Clarus team reliably executed this complex transaction requiring multiple well-timed closings to finance several tuck-in acquisitions. It is this expertise that underpins our firm’s longstanding and repeat relationship with this sponsor client, having financed over $175 million of equipment loans and leases across its portfolio. We are grateful for the confidence our sponsor partner has in our organization and look forward to supporting their portfolio in the future.”  

Clarus Chairman Tim Conway added “This transaction demonstrates Clarus’ ability to deliver meaningful book and hold positions of up to $100 million, with certainty of execution for the unique requirements of our sponsor backed customers. Clarus continues to redefine the equipment finance experience, driving meaningful value creation for our sponsor clients.”







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