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Clarus Capital Closes $25MM Loan Facility for Closely Held Aviation Services Provider

April 18, 2023, 07:00 AM
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Topic: Industry News

Clarus Capital announced it has completed a new $25 million loan facility for an established, family office backed private aviation platform.
 
Clarus CEO Steve O’Leary said, “Clarus’ financing solution allows the client to expand its fleet in order to meet demand from its growing customer base. Our team’s ability to evaluate unique and complex business models proved critical in executing this facility. With significant balance sheet capacity, we continue to establish ourselves as a reliable source of capital for leveraged companies across a wide range of industries. We look forward to growing this partnership in the future.”

Clarus Chairman Tim Conway said, “Several of this client’s long-term investors are well-known to Clarus. They and the management team appreciate the value of reliable and scalable capital partners. Clarus’ new facility provides financing certainty and capacity to drive operating efficiency and scale, while creating significant long-term value.”

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