Capteris Provides $45 Million Towards Senior Secured Facility to Support Global Manufacturing Acquisition

Capteris, the large ticket equipment finance provider, has funded $45 million as part of a $135 million senior secured facility. The proceeds were used to facilitate the acquisition between two major automotive suppliers, creating a global leader in manufacturing and assembly.   

“Through our strong capital markets relationship with the lead agent and our domain expertise within auto and manufacturing, Capteris was able to commit significant capital, timely approvals, and certainty of execution.  These factors helped solidify the funding needed for this important acquisition between major players in the manufacturing and assembly space”, stated Lance Rhodes, Head of Capital Markets for Capteris.

 About Capteris

Capteris, in strategic alliance and financial backing via funds managed by Apollo Global Management, provides 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.