Clarus Capital announced that it has completed a new $15 million lease facility for a publicly traded data center operator. Financing proceeds supported the acquisition of critical computing assets as the company continues expanding its infrastructure footprint to meet accelerating customer demand.
Clarus CEO Steve O’Leary stated “Clarus is pleased to support a company that is serving as a leader in the evolving digital infrastructure landscape. Our team’s financing solution offered immediate access to essential use equipment with repayment terms aligned with cash flows being generated from the assets. We look forward to expanding this relationship as the company's infrastructure requirements evolve.”
Clarus Chairman Tim Conway added “This transaction highlights Clarus' ability to finance complex, mission-critical technology assets for rapidly growing businesses. Our team's deep underwriting expertise within this sector coupled with our equipment finance knowledge enables us to structure solutions tailored to the unique needs of large-scale infrastructure operators while delivering certainty of execution.”