Clarus Capital announced that it has closed a new $30 million lease facility for a sponsor-backed engine parts manufacturer. Immediate financing proceeds replenished liquidity for recently delivered assets, with significant dry powder remaining to support additional purchases as new product programs come online.
Clarus CEO Steve O’Leary commented “Clarus worked seamlessly with the equipment vendor to support the client’s liquidity management needs ahead of their fiscal year end while providing a scaled solution for long-term capital planning into 2026. This investment builds on our deep expertise within Aerospace and Defense manufacturing, where we have now deployed over $75 million of capital to multiple scaled, private equity owned manufacturers.”
Clarus Chairman Tim Conway added “This transaction marks Clarus’ second strategic financing for this sponsor for essential use assets. It builds on a relationship that spans over two decades, during which members of the Clarus team have supported the sponsor’s middle-market buyout financings. We look forward to expanding this partnership across their portfolio.”