Caltius Structured Capital Invests in Salas O'Brien

Blackstone Makes Minority Growth Investment in Salas O'Brien

January 22, 2024

Engineering Services

Blackstone (through Tactical Opportunities and affiliated funds) has made a minority structured growth equity investment in Salas O’Brien, an employee-owned engineering and technical services firm headquartered in Irvine, California. The investment will support Salas O’Brien’s continued expansion in the AEC market — enhancing talent, technology resources, and capability to serve decarbonization, energy transition and critical infrastructure projects; Caltius Structured Capital will remain a minority investor alongside Blackstone.

Caltius Structured Capital Provides Debt & Equity to IT Convergence in Management Buyout

October 21, 2022

IT Services

Caltius Structured Capital provided debt and equity financing to support a management buyout of Dallas-based IT Convergence, partnering with CEO Arvind Sharma and other management co-investors. The capital package will facilitate the ownership transition and support IT Convergence's plans to scale its Oracle-focused enterprise applications, cloud migration and managed services business.

Caltius Structured Capital Makes Debt and Equity Investment in AspireHR

June 21, 2023

IT Services

Caltius Structured Capital provided a debt and minority/structured equity investment in AspireHR to support the HCM firm’s growth and product innovation. AspireHR is a Dallas-based Human Capital Management implementation, software and managed-services provider with longstanding partnerships with SAP SuccessFactors and Workforce Software.

Caltius Structured Capital Provides Debt and Equity to Strategic Kids

April 23, 2025

Education

Caltius Structured Capital (Caltius Capital Management) closed a debt and equity investment in Laguna Hills-based Strategic Kids, a provider of after-school enrichment programs and school staffing services. The financing will support the company's growth and geographic expansion into new schools and districts; Caltius principals Graham Brockington and Andy Morrow will join Strategic Kids' leadership team while co-founder Adam Brody remains President.

Caltius Structured Capital Provides Growth Capital to Spinnaker Support

July 16, 2019

IT Services

Caltius Structured Capital provided a subordinated debt and equity structured capital investment to Denver-based Spinnaker Support to fund continued growth, portfolio expansion and geographic reach. Spinnaker Support is a provider of third-party support and managed services for Oracle and SAP enterprise software, and the financing will support organic growth and strategic acquisitions.

Caltius Structured Capital Provides Debt and Equity Investment in Kognitiv, Inc.

November 8, 2022

IT Services

Caltius Structured Capital completed a debt and equity investment in Kognitiv, Inc. to provide growth capital and fund a shareholder dividend. Kognitiv, a Newton, Massachusetts–based Workday consulting and managed-services provider with a proprietary scheduling tool (Rooster) and more than 150 consultants, will use the capital to scale its services and software platform.