Clarus Capital closes $30M lease facility for specialty printer
What's the deal? Clarus CapitalDealroom has a profile for this one. Try Dealroom → has closed a $30 million lease facility for a privately held specialty printingDealroom has a profile for this one. Try Dealroom → company. Part of the facility draws immediate proceeds from the client's existing asset base; the balance is reserved for new equipment purchases.
What's the money for? The immediate proceeds will be redeployed for strategic investments, while the reserved balance funds equipment meant to boost operational efficiency across the company's production footprint.
Why now? The deal was structured to fit within the client's current debt setup. Managing director Pat McAuliffe said Clarus used "existing baskets that did not require any additional amendments or waivers, all while offering attractive pricing to lower their overall cost of capital."
What's the endgame? Clarus positioned the facility as an ongoing relationship rather than a one-off. "As the business continues to scale, Clarus will be positioned well to support as additional capital needs arise," McAuliffe added.
The signal: Chief executive Steve O'Leary pointed to the firm's mix of leveraged finance and equipment finance as the basis for the custom structure, citing "payment flexibility, use of proceeds, and certainty of execution." The deal reflects steady demand for tailored equipment financing among mid-market manufacturers looking to fund growth without reworking their capital stack.
Read more: equipmentfa.com
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