Post Road Equipment Finance ("PREF") announced the successful closing of a $40 million lease facility with a leading distributor of industrial products and solutions. The customer specializes in the design, installation, service and maintenance of mission-critical industrial systems across a broad range of end markets.
The lease facility will enable the customer to acquire essential equipment in support of newly awarded contracts with blue-chip clients, further strengthening its ability to deliver reliable and efficient solutions to its growing customer base.
Andrew Larson, Managing Director at Post Road, commented “This transaction represents the fourth lease facility we have completed with this customer over the past six years, totaling more than $75 million in funding across 30 equipment schedules. As a critical provider to U.S. manufacturing, our customer plays a vital role in keeping industrial operations running efficiently. We are proud to support their continued growth and look forward to deepening our partnership in the years ahead.”
This transaction underscores Post Road’s strong balance sheet, long-term commitment to customer and sponsor partnerships, proven ability to execute complex financing solutions.
PREF was represented by Reed Smith LLP.