Stonebriar Commercial Finance announced the closing of a $30 million equipment lease facility with a private equity owned global provider of cloud computing services. The company securely transfers clients’ information technology workloads out of their data centers and onto the cloud. Through data centers on five continents, and via software-as-a-solution, the company serves thousands of businesses and governmental agencies around the world.

The lease facility was structured to support the acquisition, installation, and configuration of new servers, network infrastructure and storage devices located in multiple data centers across the U.S.  The assets are integral to the company’s market leading managed hosting and private cloud services platforms.

Mark Gibson, Stonebriar Vice President – Capital Markets, stated, “For decades, our client has provided flexible and cost-efficient cloud-based and SaaS alternatives to its clients.  Consistent with the company’s strategy to remain at the forefront of technological advancements, we are proud to support its ongoing investment in leading edge hardware and software.”  Harrison Smith, Stonebriar Investment Manager, added, “This transaction demonstrates Stonebriar’s ability to provide creative financing solutions to private equity owned businesses. We have great confidence in the company’s management team, its growth strategy, and the essentiality of these assets to support its market leading position.”

About Stonebriar: Stonebriar, an Eldridge’s business based in Plano, TX, is a leading provider of financing solutions for businesses in a wide variety of industries, of various sizes and credit profiles.  Stonebriar leases and finances assets located primarily in North America and select other jurisdictions worldwide currently through 5 distinct platforms—General Equipment, Aviation Capital, Rail Leasing, Real Estate and Sponsor Finance.  To learn more about Stonebriar Commercial Finance please visit www.StonebriarCF.com.

About Eldridge: Eldridge grows diversified businesses with a focus on Insurance; Credit; Technology; Real Estate; Sports and Media; and Consumer. In particular, the firm seeks to build and grow businesses led by proven management teams that have demonstrated leadership and experience to scale an enterprise. Eldridge is headquartered in Greenwich, Connecticut, with additional offices in Beverly Hills, New York, and London. To learn more about Eldridge please visit www.Eldridge.com.

For more information contact:

Mark Gibson:              (469) 609-8504           Mark.Gibson@StonebriarCF.com

Grant Fate:                  (469) 609-8534           Grant.Fate@StonebriarCF.com