Capteris LLC has announced the closing of a $25 million lease for a private equity owned healthcare firm. The transaction included both new and existing assets acquired over the past year as proceeds were utilized to recapitalize the balance sheet while providing additional liquidity on a go-forward basis.
“Our client wanted a solution that would reimburse them for assets funded over the past year at attractive advance rates while also closing within a tight timeframe to meet their year-end deliverables. In addition, they sought a lessor who could provide meaningful balance sheet coupled with syndication capabilities," stated Sean Holden, Managing Director at Capteris. “Given our commitment appetite, attractive terms and quick execution, we were able to deliver a wholistic and timely solution while providing transparency on future credit appetite through ourselves and our capital markets partners.”