Capteris, the large ticket equipment finance provider, recently announced a $50 million lease commitment to a sponsor-owned, nationally branded food manufacturer. The financing provides capital for a major expansion of a key production facility as part of the company’s broader growth strategy.
“The company and the financial sponsor were looking for a provider who understood the food industry and could provide a single source of capital to support this major initiative. Our domain expertise combined with a full capital commitment provided the certainty our client needed to execute their growth strategy,” stated Rob Bakke, Capteris Managing Director.
Capteris Sponsor Finance provides attractive and customized equipment financing solutions for mid-market and large cap sponsor-owned, asset-intensive industries. Financial Sponsors select Capteris due to their domain expertise, certainty of execution, flexible solutions and meaningful capital commitments.