Clarus Capital, a private credit firm specializing in equipment finance solutions, announced the closing of 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.
Clarus CEO Steve O’Leary stated, “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. We look forward to expanding this relationship to support future strategic objectives.”
Clarus Chairman Tim Conway added, “This transaction highlights Clarus’ ability to deliver tailored, sponsor-focused capital solutions to sophisticated operators. 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.”