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Eldridge Closes $75 Million Sale-Leaseback with Leading Chemical Producer

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Eldridge Capital Management (“Eldridge”) today announced the closing of a $75 million sale-leaseback with a leading global producer of chemical inputs widely used across everyday consumer and industrial products. The lease proceeds will support the Company’s deleveraging strategy, bolster its liquidity, and support operational improvements throughout its global production facilities.

Operating across six continents, the Company is one of the largest vertically integrated producers of critical inputs into paints, coatings, plastics, paper, inks, ceramics, and industrial applications. Eldridge’s lease is collateralized by select production equipment at the Company’s flagship North American facility, which has served diverse end markets and an extensive customer network for decades.

“This transaction reflects Eldridge's ability to deliver flexible, scaled capital solutions secured by mission-critical industrial assets," said Harrison Smith, Managing Director at Eldridge Capital Management. "With a deep bench of structuring expertise and one of the largest asset-based credit platforms in North America we can execute with speed and certainty to support our customers' strategic and operational objectives. We are proud to partner with a business of this caliber and storied industrial heritage.”

“The Company’s scale, vertical integration, and operational track record have made it a trusted partner to a worldwide customer base,” said Jeff Ward, Senior Director at Eldridge Capital Management. “The Company had a distinct set of financing challenges, and our team worked diligently to structure, underwrite, document, and close this transaction on an accelerated timeline – delivering on the precision and reliability that our customers expect from Eldridge.”

Eldridge’s Diversified Credit Platform invests across a broad spectrum of asset-based credit, corporate credit, and structured credit. Eldridge’s asset-based credit strategy provides loans and leases secured by mission-critical, income-producing assets across a diverse set of industries and asset classes, including manufacturing, energy and power, maritime, chemicals, metals, technology, aircraft, and railcars. Since 2015, Eldridge has originated over $18 billion of asset-based transactions and today operates the largest private, independent equipment finance platform in North America by both assets and origination volume as of 2026.

About Eldridge
Eldridge, a global holding company, manages a diversified set of businesses and investments across Asset Management, Critical Minerals, Culture & Media, Defense & Security, Infrastructure, and Insurance. To learn more, please visit eldridge.com.

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