DES PLAINES, IL, Jan. 17, 2023 – Capteris Capital, an equipment finance company supported by the capabilities of Wheels Donlen LeasePlan and MidCap Financial, announces the closing of $14.1 million in equipment assets facilitating the merger of two middle market companies in the natural gas industry.
Capteris provides dynamic and flexible financing solutions to the mid-market, large corporate, and financial sponsor segments. As an independent financial institution with the ability and appetite to serve a broad spectrum of industries, collateral types, and credit profiles, Capteris was ideally positioned to offer a unique funding solution to facilitate the merger. The financing enables these two companies to successfully join forces, expanding their geographic footprint and scale.
Capteris President, Eric Dusch, adds, “Thanks to our deep finance expertise and a wealth of industry knowledge, we tailored a solution to meet our customers’ unique and competitive goals.” With best-in-class customer focus and ethos, Capteris is committed to providing top-notch client experience and certainty of execution.
For additional information, please visit www.capteriscapital.com.
About Capteris
Capteris is an independent provider of large ticket equipment finance solutions targeting the midmarket, large corporate, and sponsor finance segments. With strong financial backing, flexible custom solutions, and deep domain expertise, Capteris is an attractive alternative to traditional equipment finance providers. From leases and loans to refinancing and asset-backed debt solutions, Capteris offers competitive products and attractive structures to meet the needs of their individual clients.
About Wheels Donlen LeasePlan
With more than 180 years of combined industry expertise and $7B in assets in the US, Wheels Donlen LeasePlan is one of the largest fleet management companies in North American. As a global leader with dedicated fleet professionals who are passionate about guiding clients in their decisions to make their fleets safer, greener, more productive and cost efficient, Wheels Donlen LeasePlan is poised to become the mobility powerhouse of the future. A strategic partnership with ALD Automotive extends its geographic reach to serve 1000+ clients across 59 countries worldwide.
About MidCap Financial (insert from prior press release)
MidCap Financial is a middle-market focused, specialty finance firm that provides senior debt solutions to companies across all industries. As of June 30, 2022, MidCap Financial provides administrative or other services for over $42.1 billion of commitments. MidCap Financial is managed by Apollo Capital Management, L.P., a subsidiary of Apollo Global Management, Inc, pursuant to an investment management agreement. Apollo had assets under management of approximately $515 billion as of June 30, 2022, in credit, private equity, and real assets funds. For more information about MidCap Financial, please visit http://www.midcapfinancial.com.
CONTACTS:
Kevin Riley
Vice President, Marketing
Capteris/Wheels Donlen
(312) 961 9102
kriley@donlen.com
Carlos Oropeza
Director, Marketing
Capteris/Wheels Donlen LeasePlan