Capteris, the large ticket equipment finance platform in alliance with Apollo Global Management, announced the recent closing of a $25 million finance lease for a private equity owned vegetation management company. The transaction highlights the continued success of Capteris’ Sponsor Coverage team, focusing on mid and large cap PE firms and their portfolio companies. 

“Our client was looking at replacing multiple funding sources with a single source solution that could be cost effective, improve operational efficiencies, and fund within an immediate timeframe," stated Ben Bakke, Vice President at Capteris. “Our team’s ability to provide a single source of capital for numerous asset classes across multiple geographies, while closing the transaction within one-week of award, highlights the differentiated value Capteris delivers for our customers," added Bakke.